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The central bank statement also said the executive board had "decided to raise the issue of the risk of severe corruption" with Eni and Saipem, which is controlled by Eni and Italian state lender Cassa Depositi e Prestiti.
Britain's most prolific church lead theft gang were today jailed for a total of more than two decades after they left the Church of England with a £1million repair bill at 20 churches across three counties.
European Council president Donald Tusk had little sympathy for Britain when he outlined in no uncertain terms that it will have to choose between a hard Brexit and not leaving the EU at all.
Tusk told the European Policy Centre in Brussels that it was “fanciful” to believe Britain could retain the advantages of EU membership while escaping its obligations, such as the free movement of people.
It said the Council on Ethics had recommended both firms be excluded from the fund's investments but also said both companies "have taken measures against corruption." "The executive board believes that these measures provide sufficient grounds to observe the development in the future," it said.
At the end of 2016, the fund had a 0.13 percent stake worth 2 million in Petro China, whose chief executive between 20, Jiang Jiemin, was sentenced in 2015 to 16 years in prison for bribery and abuse of power. The Norwegian fund had a 1.53 percent stake worth 4 million in Leonardo, whose former CEO Giuseppe Orsi was jailed by an Italian court for four-and-a-half years last year for corruption and falsifying invoices.The fund's Council on Ethics makes recommendations to the central bank's executive board, which decides whether to act."The executive board has decided to place the companies Petro China Co Ltd and Leonardo Sp A under observation based on an unacceptable risk that the companies contribute to, or are responsible for, severe corruption," the central bank said.For CES 2017, we’re excited to announce that we are bringing back our container booth to build on last year’s success!We’re looking forward to exhibiting even more of our clients and hosting our Flexport friends.Italy's highest court ordered a retrial in December. Leonardo told the Council on Ethics that graft allegations were levelled at the previous management team not the company.Tags: Adult Dating, affair dating, sex dating