MILAN Prosecutors in Milan have begun a formal investigation into alleged money laundering involving Dutch bank ING Groep NV's Italian business, a source close to the matter said.
MILAN Italy's tax police have carried out a seizure order for more than 700 million euros ($794 million) as part of a probe targeting the country's top four banks over alleged fraudulent diamond sales, two sources close to the matter said on Tuesday.
MILAN A preliminary criminal investigation into an accounting scandal at the Italian unit of British telecom firm BT has alleged that three top executives of the group were aware of bookkeeping fraud at the unit, according to a document prepared by Italian prosecutors.
MILAN, Feb 13 A preliminary criminal
investigation into an accounting scandal at the Italian unit of
British telecom firm BT has alleged that three top executives of
the group were aware of bookkeeping fraud at the unit, according
to a document prepared by Italian prosecutors.
PARIS/MILAN Kering is facing an Italian claim for 1.4 billion euros (1.2 billion pounds) in unpaid taxes, the French luxury goods group disclosed on Friday, adding that it contested the preliminary findings.
MILAN An Italian judge said on Monday oil majors Eni and Royal Dutch Shell were fully aware their 2011 purchase of a Nigerian oilfield would result in corrupt payments to Nigerian politicians and officials.
MILAN Eni made no thorough background checks on a middleman it hired to broker a $1.3 billion Nigerian acquisition, a former board member of the Italian oil group told a Milan court.
GENOA, Italy Italian freight forwarders who say their business has been affected by a deadly bridge collapse in Genoa are taking legal advice and considering whether to sue toll-road operator Atlantia if the group is found responsible.
LONDON/MILAN Britain's Serious Fraud office said on Friday former Deutsche Bank trader Andreas Hauschild was arrested in Italy over alleged manipulation of the Euribor benchmark and Milan prosecutors would need to decide whether to hand him over.
MILAN An Italian judge sentenced two defendants in a Nigerian corruption case to jail on Thursday in the first ruling on one of the oil industry's biggest graft scandals.