Egypt prosecutor refers 3 oil industry executives for trial for alleged corruption - judicial source

Reuters  |  CAIRO 

(Reuters) - Egypt's has referred three executives from a private petroleum company for trial over an alleged corruption scam worth close to $1 billion, a judicial source said on Thursday.

The firm's former and two others allegedly manipulated its books and siphoned funds into in 2012, the source and state agency said.

The firm, then known as Tri Ocean, has since been renamed Mog Energy.

No one at Mog Energy was immediately available for comment.

(Reporting by Haitham Ahmed, and Ahmed Tolba; Writing by Nadine Awadalla; Editing by John Stonestreet)

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First Published: Thu, October 18 2018. 19:27 IST