Syrian Petroleum Company Denies Reports of $110 Million Embezzlement and Corruption Cases
Welat TV · Kurdish
- Arabic title
- الشركة السورية للنفط تنفي تقارير عن اختلاس 110 ملايين دولار وقضايا فساد
- English title
- Syrian Petroleum Company Denies Reports of $110 Million Embezzlement and Corruption Cases
- Published
- UTC
- Topic
- Economy
From the text
Syrian Petroleum Company Denies Reports of $110 Million Embezzlement and Corruption Cases Welat TV – Erbil The Syrian Petroleum Company has denied reports that $110 million was embezzled, stressing that the figure being circulated does not represent funds proven to have been embezzled or lost by the company, nor does it reflect the final value of contracts currently under audit and investigation.
In a statement issued on Saturday, September 26, 2026, the company said the reported figure represents an “initial estimate of the damage” in cases that remain under investigation and audit. It stress…source ↗