URGENT ¥¥¥ Italian energy chief investigated over Algeria bribes: reports

The chief executive of Italian energy major ENI, Paolo Scaroni, is under investigation over alleged bribes linked to work in Algeria, ANSA news agency and Dow Jones Newswires reported on Thursday.

Financial police raided Scaroni's home in Rome and ENI's headquarters near Milan as part of their investigation, which revolves around ENI's oil services subsidiary Saipem, the reports said.

Contacted by AFP, ENI declined to comment.