------------- -------------- ------------------- -------------------

Kuwait Oil Company director booked in for corruption – KD 4 million embezzled

KUWAIT CITY, April 23: The Executive Management of the oil sector has said it is determined to fight corruption in all its forms, after referring one of the KOC directors of one of the projects to the Anti- Corruption Authority (Nazaha) following suspicions of embezzling about four million dinars of public money, reports Al-Rai daily.

Oil sources familiar with the issue told the daily, “The referral of the director came upon the recommendation of an Independent Investigation Commission following queries submitted to the Minister of Oil by one of the MPs referring to the observations contained in the report of the Audit Bureau for the year 2017/2018 citing discrepancies in one of the contracts for the installation of oil pipelines, which caused losses to public money.

The sources pointed out that the Commission of Inquiry issued a preliminary report indicating the existence of suspicions of abuse and embezzlement of public funds, which called on the Executive Management to submit the issue to the Anti- Corruption Authority for consideration and verification. The sources pointed out that “further steps will follow this procedure”, stressing at the same time that “executive management in the oil sector is determined to fighting corruption.”

Check Also

The Prime Minister: Any corrupt person, regardless of his position, name or position, will not escape punishment

KUWAIT CITY, Jun 3: His Highness the Prime Minister Sheikh Sabah Al-Khaled confirmed today, Wednesday, …


You have installed adblocker kindly disable
or

whitelist www.arabtimesonline.com

 

 

 

google_ad_client = "ca-pub-8308202338490872"; google_ad_slot = "1434619060"; google_ad_width = 650; google_ad_height = 170;


(function() { var st = document.createElement('script'); st.type = 'text/javascript'; st.async = true; st.src = ('https:' == document.location.protocol ? 'https:' : 'http:') + '//cdn.stickyadstv.com/prime-time/intext-roll.min.js?zone=7056401&contentClass=entry&auto=true&soundButton=true'; document.head.appendChild(st); })(); google_ad_client = "ca-pub-8308202338490872"; google_ad_slot = "5013570411"; google_ad_width = 630; google_ad_height = 270;

WhatsApp

Translate »