Singapore holds 17 men, seizes tanker over alleged Shell oil heist

Showa Shell Sekiyu’s logo is seen at its gas station in Tokyo. Photo: Kim Kyung-Hoon /  Reuters
Showa Shell Sekiyu’s logo is seen at its gas station in Tokyo. Photo: Kim Kyung-Hoon / Reuters

Singaporean authorities have arrested 17 men for allegedly stealing fuel from a major Shell refinery, and have also seized an oil tanker and millions of dollars in cash, police said.

The suspects, aged between 30 and 63, were detained in raids across Singapore on Sunday after the Anglo-Dutch energy giant lodged a police report in August. Shell said some of those arrested were employees.

Eleven of the arrested men were charged in court today with misappropriating and dishonestly receiving stolen property, with eight of the accused being Singaporean employees of the company.

A total of S$3.05 million (US$2.3 million) in cash was recovered along with a 12,000-ton tanker, and the suspects’ bank accounts have been frozen, police said in a statement late Monday.

The oil was allegedly stolen from the Pulau Bukom industrial site in western Singapore, which Shell describes as one of its most important production sites in the world.

Shell did not say how much had been stolen and declined to discuss the investigation.

“We anticipate a short delay in the supply operations at Bukom, but at this point we expect to continue to meet our contractual supply obligations to customers,” a company statement said.

Singapore is one of the world’s largest oil trading hubs with huge quantities of crude from the Middle East passing through Singapore before going on to East Asia, and several oil majors have local refineries.

Additional reporting by Coconuts Singapore




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