Tag: investigation

DIICOT continues investigation of Petromidia refinery privatization – Romania, 16 May 2016

Prosecutors from the Romanian Directorate for Investigating Organized Crime and Terrorism continue their investigation on possible tax fraud during the privatization of the country’s largest oil refinery Petromidia, which is now part of KMG international. The prosecutors announced that they have frozen the company’s assets worth about 670 million euros, which is the estimated damage […]

USKOK allegedly investigating JANAF’s speculative oil trading – Croatia, 5 May 2016

According to the unofficial information, the Croatian Office for the Suppression of Corruption and Organized Crime (USKOK) is interested whether is it true that state-owned oil transportation company JANAF is involved in speculative crude oil trading in futures market. Futures trading in oil as a commodity in the global market is not uncommon, however it […]