Tuesday, 8 May 2012

THE DAILY STAR :: Business :: Middle East :: Kuwait refers $800 mln Shell deal to judiciary

Kuwait has referred a $800 million gas contract between state-owned Kuwait Oil Co. and Shell to the public prosecution to investigate suspected irregularities, a newspaper report said on Tuesday.

The decision follows a report by a special probe panel to investigate the gas development contract, Oil Minister Hani Hussein told Al-Rai newspaper.

"After reading the report of the fact-finding panel in the Shell contract, I found some matters mentioned and I thought it is appropriate to refer the file to the public prosecution to investigate any suspicions," the newspaper quoted the minister as saying.

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