Corruption allegations are continuing

摘要

Oil and gas contractor Saipem is to be investigated in connection with the Petrobras corruption scandal in Brazil, with the Italian-based company saying it had received notice of an impending investigation and a request for documentation from the Public Prosecutor in Milan, Italy, in relation to new criminal proceedings for the alleged crime of international corruption opened by the judicial authorities in Milan. Meanwhile, in a separate case, Brazilian Federal Police have raided contractors'offices as part of an investigation into alleged fraud and over-charging of construction work on venues for the 2014 World Cup. The latest action in Operacao Fair Play (Operation Fair Play) focuses on Arena Pernambuco in the city of Recife. Saipem is being investigated as part of proceedings concerning a contract that the Brazilian company Petrobras awarded to Saipem SA (France) and Saipem do Brasil (Brazil) in 2011.