Court Of The Third Instance News

Eni issued a release stating that the Court of the Third Instance definitively confirmed the judgment of "no case to answer," issued on June 28, 2012 by the GUP of Milan because the event did not constitute a crime, rejecting the appeal of the Prosecutor of Milan. The decision specifically refers to "Excise duty" which relates to the "Measure gas" proceedings. These proceedings were initiated following an objection in 2010 regarding elements of an alleged tax offence. Nine current and former employees of Eni were investigated, including the General Managers of the Gas & Power Division at that time. On February 11, 2013 the Court of the Third Instance confirmed…