Seatrium, a S'pore firm formed by Keppel O&M's merger with Sembcorp Marine, under probe for alleged corruption in Brazil: CPIB

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Seatrium, a S'pore firm formed by Keppel unit merger, under probe for alleged corruption in Brazil: CPIB

The CPIB added in a press release that it had commenced investigations"acting on information received".

The case involved six ex-senior KOM management staff who allegedly conspired with each other to give bribe payments totalling about US$55 million to foreign consultants involved in the company's business interests in Brazil. She added that the unwillingness of a foreign witness to give evidence in Singapore and another individual’s denial of wrongdoing were some of the hurdles faced by the prosecution in mounting a case against the staff.

 

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