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Boss Of ENI Investigated For Corruption In Nigerian Deal

The chief executive of the Italian oil and natural gas company ENI is under investigation over international corruption allegations.

Claudio Descalzi is facing questions about a large Nigerian oil deal.

The company said in a statement that “it is cooperating with the Milan prosecutor’s office” and that it “continues to deny any illegal conduct”.

Shares in the company were down 2% in afternoon trading.