Arrests made in connection with Keppel’s Brazil bribery case

Arrests made in connection with Keppel’s Brazil bribery case

A number of former executives of Keppel Corp have been arrested in Singapore as investigations into Brazilian bribes for rig deals heat up.

Keppel Offshore & Marine in December agreed to pay $422m in a bid to resolve the long standing investigations that have been carried out by authorities in the United States, Brazil and Singapore.

Singapore’s Attorney-General’s Chambers (AGC) and the Corrupt Practices Investigation Bureau (CPIB) have since continued to look into the acts of the individuals involved.

The local Straits Times said more than six people were currently out on bail connected with case.

Keppel Offshore & Marine has taken disciplinary action against 17 current and former employees in relation to the bribery charges, court documents showed.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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