Orlen faces 1.5 billion zloty loss; prosecutors indict three
Translated from Polish, summarized and contextualized by DistantNews.
At a glance
- Polish prosecutors have indicted three individuals for causing a loss of approximately 1.5 billion Polish zloty (about $378 million) to the Orlen oil company.
- The accused allegedly entered into three unfavorable crude oil purchase contracts between August and December 2023.
- One suspect, former OTS GmbH CEO Samer A., is being sought for extradition from the UAE, while another, Marcin O., is in Poland.
Prosecutors in Warsaw have brought charges against three individuals accused of causing a significant financial loss to the Polish oil giant Orlen. The indictment, filed by the Regional Prosecutor's Office in Warsaw, alleges that the accused inflicted damages amounting to approximately 1.5 billion Polish zloty (equivalent to about $378 million) on Orlen SA and its subsidiary, Orlen Trading Switzerland GmbH (OTS GmbH).
The individuals facing charges include Michaล R., a former board member of Orlen SA; Marcin O., a former board member of OTS GmbH; and Filip W., a former executive director for both Orlen SA and OTS GmbH. According to prosecutor Mateusz Martyniuk, the alleged damages stem from three disadvantageous crude oil purchase contracts entered into between August 21 and December 21, 2023. These actions are classified as causing harm in economic turnover.
Filip W. also faces an additional charge of concealing assets to prevent their seizure for compensation or forfeiture related to the ongoing proceedings against him. The potential penalties for the charges include up to 25 years in prison.
The investigation also involves Samer A., the former CEO of OTS GmbH, who is currently sought for extradition from the United Arab Emirates. The prosecutor's office has requested his extradition. While Marcin O. is now in Poland, Filip W. has been released from custody. A Warsaw district court had previously ordered the temporary arrest of Samer A. and Marcin O. in December 2024, as both were residing abroad at the time.
Prokuratura Regionalna w Warszawie wystฤ piลa z wnioskiem o ekstradycjฤ Samera A. do Zjednoczonych Emiratรณw Arabskich i oczekuje na jego realizacjฤ
Originally published by Rzeczpospolita in Polish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.