Bloomberg News

Jordan Phosphate Chairman Kurdi Resigns, Petra Reports

March 17, 2012

Jordan Phosphate Mines Co. (JOPH) Chairman Walid Kurdi resigned today, according to the state-run Petra news agency.

Kurdi’s resignation follows the formation of a committee by the Lower House of parliament to look into the privatization of the company and after the referral of cases to Jordan’s Anti- Corruption Commission related to the company and its activities, Petra said.

Jordan Phosphate’s shareholders include Kamil Holdings Ltd., owned by the Brunei Investment Agency, with 37 percent, and the Jordanian government, with 26.2 percent, according to the the company’s website.

To contact the reporter on this story: Vernon Wessels in Johannesburg at vwessels@bloomberg.net

To contact the editor responsible for this story: Riad Hamade at rhamade@bloomberg.net


Steve Ballmer, Power Forward
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus