The Italian Court of Milan on Wednesday sentenced Farid Bedjaoui to 5 years and 5 months in prison for his involvement in the so-called Sonatrach-Eni-Saipem bribery scandal.
In the meantime, former CEO and President of AC Milan football club Paolo Scaroni was acquitted. Italian energy firm Saipem was fined to the tune of 400 thousand Euros to be paid to the General Tax Agency representing the Italian state.
A source who attended the hearing of the Milan Court’s sentences informed “Echorouk” that the Court has expounded the verdict of the conviction of Farid Bedjaoui as being the go-between who collected the huge bribes funds, and thus gave him a penalty of imprisonment for 5 years and 5 months.
On the Algerian side, the Court also sentenced defendants Omar Habour and Samir Oureid to four years and one month of imprisonment.
Saipem’s former chief executive, AC Milan’s current president, namely Paulo Scaroni was discharged as Eni being considered a moral figure. Antonio Villa, former manager of Eni for North Africa, was similarly acquitted.
The Court convicted Saipem to a fine of 400 thousand Euros, in addition to ordering the confiscation of the bribes paid through defendant Farid Bedjaoui, estimated at 197 million Euros, the equivalent of more than 2,700 Billion centimes in national currency (the Dinar), for the benefit of the Italian public tax Agency “Agenzia delle Entrate”.
Saipem’s former chief executive, Pierre Franco Tali, as well as Pietro Varoni, in addition to the operational executive of Saipem Pietro Varoni, were for their part sentenced to four years and nine months in jail.
According to the same sources, the convicts may appeal to the Court of Appeal of Milan, as provided for by the Italian-Algerian Code of Procedure, since the sentence is considered Primo Grado and can be subject to appeal.