SINGAPORE (Jan 9): Seventeen men have been arrested and millions of dollars in cash seized as part of an investigation into a suspected oil theft at Shell's biggest refinery, Singapore police said on Tuesday.

The arrests, made during raids on Sunday, come after Royal Dutch Shell Plc reported the theft to Singapore authorities at its Pulau Bukom industrial site in August last year.

The company said in a news release that the arrests included "a limited number of Shell employees" and that it anticipated "a short delay in the supply operations at Bukom".

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