By John Geddie and Henning Gloystein: JANUARY 9, 2018 / 3:11 AM
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Police say 17 arrested for alleged oil theft, 11 charged
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Shell is one of the biggest foreign investors in Singapore
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Southeast Asia is seen as a hotspot of illegal oil trading (Adds details of times, location of incidents, maps)
SINGAPORE, Jan 9 (Reuters) – Eleven men were charged in a Singapore court on Tuesday over their part in an alleged oil theft at Shell’s biggest refinery, court documents showed.
Police in the island-state, Asia’s main oil trading hub, said earlier on Tuesday they had detained 17 men and seized millions of dollars in cash and a small tanker during their investigations into a theft at the Pulau Bukom industrial site.
Royal Dutch Shell Plc, which first reported the theft to authorities in August, said in a news release that the arrests included “a limited number of Shell employees” and that it anticipated “a short delay in the supply operations at Bukom.”
