Kuwait Country Profile
Environment, Natural Resources and Extractive Industry
Political Corruption
According to a 2007 news article by Arab News, the Kuwaiti Oil Minister Sheikh Ali Jarrah al-Sabah resigned over corruption allegations in June 2007. Sheikh Ali was accused of involvement in the USD multi-million Kuwait Oil Tanker Company (KOTC) fraud case in which his cousin, former Oil Minister Sheikh Ali Khalifa al-Sabah, and four other top KOTC officials were accused of stealing more than USD 100 million. According to another 2007 news article by Upstream Online, the former Oil Minister Sheikh Ali Khalifa al-Sabah has never been convicted in this case.





