Italian oil and gas giant Eni’s CEO Paolo Scaroni was reportedly sentenced to 3 years in prison by a court in the north-eastern town of Rovigo on pollution charges stemming from his stint at the helm of Italian utility Enel. Apparently the Porto Tolle power plant was not in compliance with environmental regulations during Scaroni’s tenure as Enel CEO.
Scaroni’s current role as Eni CEO is set to expire in May and these charges will make it difficult for him to be reappointed CEO, a position held since 2005. Scaroni also faces corruption charges in Algeria.
“I am in no way involved in this matter and will appeal immediately,” he said. “As shown by the defence, Enel’s Porto Tolle station has always met the required standards.” – Paolo Scaroni, as reported by Reuters