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Jan. 15
Former CEO of Orlen Swiss trading business detained in UAE, Poland says
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Jan. 15
Doosan Skoda Power announces plans for Prague IPO
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January 15, 2025 at 10:53 am ESTWARSAW (Reuters) – The former head of Orlen Trading Switzerland (OTS) was detained in the United Arab Emirates, the Polish foreign ministry said on Wednesday.
The former CEO, referred to only as Samer A. under Polish privacy laws, has been charged with entering into contracts that resulted in $378 million losses for Orlen and its Swiss subsidiary.
“The prosecutor’s office, in close cooperation with the Ministry of Foreign Affairs, is urgently starting the procedure to extradite the suspect to Poland,” the ministry said on social media platform X. (Reporting by Anna Wlodarczak-Semczuk and Marek Strzelecki)© Reuters – 2025
Latest news about ORLEN Spólka Akcyjna
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