AsiaShipyards

Seven charged in Keppel Fels probe

Seven people have been charged this morning in a corruption probe linked to Singaporean shipbuilder Keppel Fels, and could face up to five years in jail if found guilty.

The investigation centres around bribes made over a three-year period through to 2017 to ensure business for a host of subcontractors at the yard.

“Singapore adopts a strict zero-tolerance approach towards corruption,” said Singapore’s Corrupt Practices Investigation Bureau in a statement on Wednesday. “Companies are strongly advised to put in place robust procedures in areas such as procurement and internal audit to prevent falling victim to corrupt acts by their employees.”

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.
Back to top button