This blog provides information on how U.N. Global Compact participants' walk the talk. The GC is a voluntary initiative at the strategic level to engage businesses towards sustainability principles. There is however a risk of 'blue-washing' by covering up corporate misbehaviour and law infringement from large MNEs through poorly enforced 'Integrity Measures' and weak U.N supervision. Let's 'WE', civil society stay tuned!
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Sunday, May 13, 2012
Eni accused of corruption in Kazakhstan
A subsidiary of Italian energy company Eni is suspected of giving bribes to people close to the president of Kazakhstan, prosecutors said. Italian prosecutors say Eni subsidiary Agip Kco is suspected of offering bribes to the son-in-law of the Kazakh president, through 2007, Russia's state-run news agency RIA Novosti reports.
Read more: on UPI.
More on Reuters.
Eni Spa (ENI.MI) is a Global Compact participant since 2001/07/01 and 'Founding Father' of the Global Compact.
ENI was a Gold Contributor to the Foundation for the Global Compact in 2010.
Labels:
(ENI:BrsaItaliana),
corruption,
ENI,
ENI spa,
ENI.MI,
Italy,
Kazakhstan,
payments,
Principle 10,
probe
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