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Source:
عكس السير
Regulators Clarify Oil Contract Seizure
The head of the Central Authority for Oversight and Inspection in Syria confirmed that investigations are still ongoing regarding the contracts in the oil sector. He stated that the amounts circulating do not represent stolen fixed funds, but are related to precautionary procedures and holds on the accounts of companies currently under investigation. Preliminary estimates of damages have exceeded $110 million, but the Syrian Petroleum Company rejected the accuracy of these figures, considering that the amount is an interim estimate of the damage rather than the value of missing funds. Officials emphasized that determining final responsibilities depends on the outcomes of the investigations, and that the investigations do not imply the existence of final accusations until they are completed.
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