A court in the US has thrown out a case linking Singapore’s Keppel Corporation to the massive bribery case that has engulfed Brazil’s Petrobras.
In June last year an action commenced by EIG Management Co and eight of its managed funds against the Brazilian energy giant, in relation to which the company and Keppel Offshore & Marine were added as defendants along with other shipyards and entities.
Keppel admitted last October that an internal investigation found certain transactions associated with Zwi Skornicki from Eagle do Brasil, an agent of Keppel FELS in Brazil, may be suspicious.
