Italy prosecutors probing alleged tax evasion at Eni division-source

by Reuters
Wednesday, 18 June 2014 15:10 GMT

The logo of oil company Eni is pictured at its San Donato Milanese headquarters near Milan February 5, 2013 REUTERS/Stefano Rellandini

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Some managers at one of Eni's units are being investigated, the source added

ROME/MILAN, June 18 (Reuters) - Italian prosecutors are investigating allegations that oil major Eni evaded taxes on oil products distributed from its refineries, a source close to the matter said on Wednesday.

Rome prosecutors believe false declarations were made systematically on refined products that were delivered to truckers and transporters at the refineries, the source said.

Some managers at one of Eni's units are being investigated, the source added.

In an emailed statement, Eni said Rome prosecutors had launched "a probe aimed at finding out whether rules on taxes for oil products loaded at the oil deposits of Eni's Refining & Marketing division had been properly applied".

Eni said it was fully cooperating with the authorities in the belief it had applied the rules in full.

The investigation, which covers the period 2007-2013, is in its early stages. Tax police carried out nation-wide inspections of Eni's stockpiles of refined products last week.

(Reporting by Antonella Cinelli and Stephen Jewkes; Editing by David Holmes)

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