Italy Minister Resigns Over Conflict of Interest Allegations

  • Guidi's partner is accused of abusing her government ties
  • Eni suspended production at 75,000-barrel-a-day plant

Italy’s Industry Minister Federica Guidi submitted her resignation Thursday over an alleged conflict of interest after her partner was accused of abusing her ties with the government.

Guidi’s decision to step down comes after her businessman boyfriend Gianluca Gemelli was put under investigation in a probe into the illegal disposal of waste from an oil production center in the Italian region of Basilicata, according to a police statement.

Guidi allegedly assured her partner that the government would have passed legislation that would have helped his business affairs, according to abstracts of phone-tapped conversations published by Corriere della Sera. Gemelli wasn’t immediately reachable for a comment.

“Dear Matteo, I’m absolutely certain of my good faith and the rightness of my actions,” Guidi wrote in a letter to Premier Matteo Renzi published by the ministry’s press office. “I believe however that it’s necessary for political reasons that I resign from my post as minister.”

Renzi has accepted the resignation, Ansa news agency reported, citing a message from the prime minister to Guidi.

Eni, which operates the Val d’Agri facility at the center of the probe, said it’s carrying out internal checks and will cooperate with authorities. The company has suspended production at the 75,000-barrel-a-day plant.

Before it's here, it's on the Bloomberg Terminal.
LEARN MORE