Saipem says US DOJ has asked for information on Algeria
MILAN, April 24
MILAN, April 24 (Reuters) - The U.S. Department of Justice has asked Italian oil services group Saipem for information on a probe into alleged corruption in Algeria, the group's CFO said on Thursday.
"They sent us a request for information on Algeria," Alberto Chiarini said on a conference call with analysts.
Saipem, which is 43 percent owned by Eni, is embroiled in judicial investigations in Italy and Algeria that claim it paid bribes to secure a series of contracts in the North African country worth $11 billion.
Last July Saipem said it had entered a tolling agreement with the DOJ to extend by 6 months the limitation period applicable to any possible violations of federal laws of the United States with regard to Algeria.
Saipem has denied any wrongdoing.
(Reporting by Stephen Jewkes; editing by Francesca Landini)