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Grupa Azoty’ chairman of the supervisory board arrested for corruption

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Marek G. (name withheld under Polish privacy laws), the chairman of the supervisory board of the state-controlled chemical giant Grupa Azoty has been arrested by the anti-corruption police CBA. Along with him, 5 other people, including an employee of state-controlled fuel refiner Lotos and the head of an unnamed energy company. According to investigators, suspects offered their 'help' in dealing with guaranteed, long-term contracts for the purchase of biocomponents by Lotos. In return, they demanded bribes and 10 percent commission on contracts with Lotos and Grupa Azoty they’ve helped to sign while bypassing the companies procedures. Marek G. was dismissed from Grupa Azoty, the company said in a market filing.

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