Dow takes issue with claims in Kuwait investigation

01/29/2009 | Wall Street Journal, The

Dow Chemical said it was "highly offended" at suggestions of inappropriate behavior in its failed joint venture with Kuwait's state-owned Petrochemical Industries. Kuwait's state-run news agency said the allegations of impropriety are the focus of an investigation by Kuwait's Parliament to look at "alleged direct or indirect involvement by ... Kuwait Petroleum Corp. officials in irregularities, fraud or bribe-taking."

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