SINGAPORE – Several former executives of Keppel Corp have been arrested by Singaporean authorities in a probe related to charges its rig-building unit bribed Brazilian officials, The Straits Times reported on Friday.
Keppel Offshore & Marine in December agreed to pay $422 million to resolve investigations into the matter by authorities in the United States, Brazil and Singapore.
But Singapore’s Attorney-General’s Chambers (AGC) and the Corrupt Practices Investigation Bureau (CPIB) said at the time that investigations regarding the individuals involved were ongoing.
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The Straits Times said more than six people were currently out on bail connected with case.
A CPIB spokesman said he was “unable to comment as investigations against the individuals involved are still ongoing”. The AGC declined to comment.
A spokesman for Keppel Offshore & Marine said: “We are unable to comment on any investigations by the authorities.”
Keppel Offshore & Marine has taken disciplinary action against 17 current and former employees in relation to the bribery charges, court documents showed.
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