Eni, the oil giant, will face shareholders at its annual general meeting in Rome this week amid growing resentment over the company’s performance and its involvement in a number of embarrassing scandals.
Scrutineer.biz, an activist investor website, has been following Eni’s troubles and we believe that chief financial officer Massimo Mondazzi has serious questions to answer over financial controls at Italy’s second-largest company.
This follows revelations that Eni has been caught in a number of scandals including unexplained deals with an oil trader and potential sanctions evasion.