ENI boss questioned for corruption in Nigeria

Claudio Descalzi, chief executive officer of the Italian oil and natural gas company Eni since May 2014 is under investigation over international corruption allegations.

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 per cent in afternoon trading.