Former Keppel Offshore & Marine staff get off with warning in Singapore over Petrobras bribery
( January 13, 2023, 03:14 GMT | Official Statement) -- MLex Summary: Six former Keppel Offshore & Marine senior management staff received stern warnings from Singapore's Corrupt Practices Investigation Bureau, or CPIB, following an investigation related to bribes paid to officials of Brazilian state-owned Petrobras. The six individuals allegedly conspired to give bribes totaling about $55 million to Petrobras officials through foreign consultants, but CPIB said the decision not to prosecute took into consideration all relevant factors, including difficulties obtaining evidence and witness testimony in the complex and transnational case. The full statement follows: ...
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