Eni CEO sentenced to three years in prison

Paolo Scaroni, the Chief Executive of Italy’s largest oil company Eni, has been sentenced to three years in prison.

According to La Repubblica, the court of Rovigo accepted the prosecution’s argument that Scaroni, while being the CEO of Enel, Italy’s largest electricity utility, was guilty of willfully omitting to install the proper equipment to monitor pollution from the Porto Tolle power plant.

Under the sentence, Scaroni, who served as Enel CEO between May 2003 and May 2005,  has also been slapped with a five-year public office ban.

Scaroni said he was astonished by the decision and added he would ‘immediately file an appeal’, La Repubblica further says.

Franco Tato, Enel CEO between 1996 and 2002, has also been sentenced to thee years in prison and five years without public office role, according to La Repubblica.

 

 

Offshore Energy Today Staff, March 31, 2014

 

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