
UAE Detains Ex-CEO Of Orlen Swiss Trading Business Over $378-Million 'Scandal' In Poland
The former CEO, referred to only as Samer A. under Polish privacy laws, has been charged with entering into contracts that resulted in losses worth $378 million at state-controlled Polish refiner Orlen and its Swiss subsidiary.
Reuters has not been able to reach Samer A. for comment.
"The prosecutor's office, in close cooperation with the Ministry of Foreign Affairs, is urgently starting the procedure to extradite the suspect to Poland," the ministry said on social media platform X.
Since April, Polish prosecutors have been investigating the loss of nearly $400 million of pre-payments made by Orlen, mostly for Venezuelan oil the company has never received.
The detention follows a court order to arrest top OTS managers in what has become a high-profile case, as Poland's government alleges its nationalist predecessor politicised appointments and decision-making at state-owned firms.
"Another scandal from the time of the Law and Justice (PiS) government is on the way to being made accountable," Justice Minister Adam Bodnar wrote on X.
The PiS has rejected any suggestion of being involved in the scandal.
Earlier this month, Orlen reached a settlement to recoup $100 million of pre-payments. It is still trying to recoup the rest.

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