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KUWAIT CITY, Oct 20: Chief Executive Officer (CEO) of Kuwait Petroleum Corporation (KPC) Sheikh Nawaf Al-Saud recently issued a directive to form a fact-finding committee that will look into the court ruling in favor of Kuwait Oil Company (KOC) Workers Union in order to determine why the company lost the case and assess the measures it took within the framework of corrective instructions to follow up the suspended oil procedures and files, reports Al-Rai daily quoting sources. Sources confirmed that the Board of Directors of KOC approved the implementation of the judicial ruling in favor of the company’s employees — their entitlement to housing allowance retroactively for those who did not apply for it, and the consequent difference estimated at more than KD 87 million.
Sources said the board asked KPC to provide a budget to start disbursing the allowance retroactively starting from five years ago. On the other hand, sources from the labor sector confirmed that the union is keen on following up the issue until the allowance is disbursed and it will continue to defend the rights and entitlements of workers. Sources affirmed the executive leadership’s understanding of the legal aspects contributed to accelerating the procedures for implementing the judicial ruling.