Eni absolves management from OPL 245 payments

• Says development of field to bring great economic benefits to Nigeria

Eni, the Italian oil giant, has published documents on its website in which it said, depict that its management was never complicit nor had any knowledge of the payments made in the multi-billion-dollar OPL 245, also called Malabu oil field.

The company said, “through this initiative, it outlines, with broad documentary support, the key points of an affair in which international institutional bodies such as the Department of Justice (DoJ) and the Securities and Exchange Commission (SEC) have recently closed their investigations without taking any action against the company. An operation against which accurate internal investigations carried out on several occasions by independent third parties had in the past confirmed the correctness of the operation.”

The company published on its website, documents of the judicial investigation into the acquisition of OPL245, in Nigeria, carrying out an in-depth fact-checking on all the main points of the ongoing trial at the Milan Tribunal.

“The company,” reports a note, “has decided this transparency initiative in the belief that the reading of the documents will allow to verify directly how Eni acted with absolute correctness and in full compliance with the law.”