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.