VOL. XXXVI

NO. 15

11-JANUARY-1993

KUWAIT

Investigation Launched into Financial Scandal in KOTC

Mr. 'Ali al-Baghli, the Kuwaiti Oil Minister, said on 28 December 1992 thatrecent investigations into the Kuwait Oil Tanker Company (KOTC) have uncovered ascandal involving illegal financial transactions undertaken during the past fewyears. Mr. Baghli told the Kuwait-daily al-Rai al-'Am on 28 December 1992 thatafter the appointment of a new KOTC Board of Directors in January 1992"suspicions arose of...