This is Eni's Way

Title: Eni's corporate governance is rubbish... And the Board of Directors is a joke!

Do you think the title of this post contains strong words? So, I ask for your kindness in reading the summary of my story of more than 22 long years with Eni in an attempt to rescue and restore my name, my honor, and my reputation unfairly deprecated. I am quite sure that after reading my post, you will agree with me:

In 2001, after complying with the words and spirit of Eni's Code of Ethics and denouncing a million-dollar scheme of internal fraud and acts of corruption at the Brazilian subsidiary, I was unfairly fired — in proven “retaliation” — by the executives I had exposed, including members of the Board of Agip Brazil.

So, in addition to the presidency of the Brazilian operation (2001) and the Ethics Committee in my country (2002), I made contact – requesting a “due diligence” of my case – with five different Boards of Directors and three different CEOs: Vittorio Mincato (2002), Paolo Scaroni (2009), and Claudio Descalzi (2014, 2020 and 2023). Despite being insistent, Eni never responded to my contacts!

Furthermore, Mr. Mauro Meggiolaro, a journalist and critical shareholder of Eni, took my case to be discussed at four shareholder meetings (2017, 2018, 2020, 2021). In fact, during the 2018 AGM, Mr. Meggiolaro used the microphone, spoke about the “Flinto Case” to everyone present, including members of the company's Board, and offered to be our “mediator”. He even suggested that a meeting be organized to overcome the emotional barrier of our conflict so that we could talk about concrete facts to try to put an end to this story. But the “mediation meeting” was never scheduled!

After the 2020 AGM, I decided to take my case to the NCP Brazil and made a “report” about Eni’s non-compliance involving the “OECD Guidelines”. This report of mine, fully proven by hundreds of documents, concerned the “abuses” of human rights, due to Eni’s “attacks” against my honor and reputation. But the company, once again, refused to engage in dialogue to resolve this ethical conflict and, much less, as advised in the “OECD Guide”, it refused to carry out “due diligence” to verify whether the company caused (or did not cause), contributed (or did not contribute) to the adverse impacts that I have been suffering over these two decades.

Therefore, if the Italian oil giant fulfilled its commitments (such as the Code of Ethics) and, in fact, “accepted” and “followed” international commitments (such as the Global Compact, the UN Guiding Principles on Business and Human Rights, and the OECD Guidelines), Eni would have another type of conduct concerning my case.

So, is Eni's corporate governance rubbish or not? And is the Board of Directors a joke or not?