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Published 16 days ago

Polish public prosecutor launches investigation into Orlen's Swiss trading company

Summary by Notes From Poland
The Polish public prosecutor’s office has launched an investigation into the Swiss subsidiary of Poland’s energy giant Orlen, which has lost more than 1.5 billion zloty on prepayments for oil made without collateral. The prosecutor’s office also announced that it had conducted searches of the homes of Orlen board members, including former long-time CEO Daniel Obajtek, in two different ongoing cases. These involve the sale of the company’s assets…

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Notes from PolandNotes from Poland

Polish public prosecutor launches investigation into Orlen's Swiss trading company

The Polish public prosecutor’s office has launched an investigation into the Swiss subsidiary of Poland’s energy giant Orlen, which has lost more than 1.5 billion zloty on prepayments for oil made without collateral. The prosecutor’s office also announced that it had conducted searches of the homes of Orlen board members, including former long-time CEO Daniel Obajtek, in two different ongoing cases. These involve the sale of the company’s assets…

16 days ago
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