Kuwait Petroleum Company officials accused of embezzlement

Kuwait Petroleum Company officials accused of embezzlementNicosia, Feb 10: Ahmad al-Obaid, who is the head of the Kuwait Society for Safeguarding Public Funds, has said that the Society filed a suit against the Kuwait Petroleum Company(KPC) for misappropriation of public funds.

He was quoted by Al-Qabas newspaper as saying that millions of dinars had been embezzled at the petroleum training center.

Al-Obaid said that since 2007, the Society has pressed for legal procedures against these violations and sent reports to former Minister of Oil Mohammad Al-Olaim and the head of parliamentary committee for safeguarding public funds, MP Ahmad Al-Melaifi.

The Society for Safeguarding Public Funds has also sent petitions to Executive Chief of KPC KPCKP K k kSaad Al-Shewaib and asked for an investigation to be opened against negligent officials, who should be referred to the relevant authorities.

Al-Obaid said that the society has been monitoring the situation at government bodies for a long time, in cooperation and coordination with parliamentary groups. Their efforts have been backed up by reports issued by the Audit Bureau about work progress in government authorities. (ANI)

Business News: 
General: 
Regions: