Scale of theft at Shell's Singapore refinery much greater, court docs show [Reuters (UK)]
Royal Dutch Shell PLC Royal Dutch Shell PLC American Depositary Shares (Each representing two Class B Ordinary Shares) (RDS.B)
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Source: Reuters
Scale of theft at Shell's Singapore refinery much greater, court docs show | Reuters 4 Min Read SINGAPORE (Reuters) - Around $150 millions’ worth of oil was stolen from Shell’s biggest global refinery over several years, Singapore court documents reviewed by Reuters show, far more than reported when police first revealed the heist earlier this year. Almost a year on from raids that led to over a dozen arrests, including of several former employees of the local unit of Royal Dutch Shell, charge sheets state that around 340,000 tonnes of gasoil were stolen from the oil major’s Pulau Bukom site in Singapore, in incidents dating back to 2014. Charges filed in the first few months of investigations after police raids in January related to the theft of around $10 million in oil. Further charges levied in May showed a total of $40 million had been stolen. A spokeswoman for Shell said the firm is “disappointed”, adding that it has been working with investigators and taken measures to avoid re
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