8 NOVEMBER 1993
KOTC Fraud Losses May Rise To $200Mn
The Chairman of the Board of Directors of the Kuwait Oil Tanker Company (KOTC),Mr. 'Abd Allah al-Rumi, who is also the head of the committee appointed toinvestigate alleged financial malpractices by ex-company officials that wereunveiled last January (MEES, 11 and 18 January), told the Kuwait daily al-Qabason 30 October that the company's fraud losses may now rise to about $200mn -from the previous estimate of $90mn -...
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