Ex-Shell employee involved in misappropriating gas oil worth US$36mil

Sadagopan Premnath pleaded guilty to four charges of conspiring to misappropriate gas oil from the company. - ST

SINGAPORE (The Straits Times/ANN): A former employee of oil giant Shell Eastern Petroleum on Tuesday (Dec 15) admitted to being involved in a conspiracy to misappropriate about US$36.1 million (S$49.1 million) worth of gas oil.

Indian national Sadagopan Premnath, 40, pleaded guilty to four charges of conspiring to misappropriate gas oil from the company. Five other similar charges will be taken into consideration during his sentencing.