Al Maha Petroleum Products Marketing Co. has announced, in its statement to the Muscat Securities Market (MSM), that its Board of Directors has decided to suspend the services of the Managing Director & Senior Marketing Manager of the company until further notice.

Al Maha Marketing had announced on Sunday that its Managing Director and Senior Marketing Manager has been called for questioning by the concerned authority.

Earlier this year, a Muscat primary court has sentenced three officials in Galfar Engineering, including the Al Maha’s Managing Director, to three years in prison and a fine worth OMR 600,000 in a bribery case related to the extension of a services contract for Petroleum Development Oman (PDO).

“The Company has not received any official letters from the concerned authority in this regard. We would like to assure you that the work in the Company runs as per the normal course of business and we shall keep you informed of any developments in this regard upon receiving them”, the marketing company had stated on Sunday.

Al Maha Petroleum Products’ paid-up capital amounts to OMR 6.9 million distributed on 69 million shares, at par value OMR 0.100 per share.