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SINGAPORE: The Government’s intention is to move as “expeditiously as possible” on investigations relating to Keppel Offshore & Marine’s (Keppel O&M) graft scandal and the Attorney-General's Chambers (AGC) has sought assistance for evidence from authorities in other jurisdictions, said Senior Minister of State for Finance and Law Indranee Rajah in Parliament on Monday (Jan 8).

She was responding to questions from Members of Parliament (MPs) about the international bribery scandal that has engulfed the rig-building unit of conglomerate Keppel Corp.

Court documents released by the US Justice Department on Dec 23 said that Keppel O&M "knowingly and wilfully conspired” to pay bribes to Brazilian officials and politicians in exchange for business deals. 
The illicit payments, amounting to US$55 million made between 2001 to 2014, helped the company to secure 13 contracts from Brazilian oil firms Petrobas and Sete Brasil. 

Ms Indranee noted that given that the case involved several Brazil-based projects dating back to 2001, many of the evidence, including documents and witnesses, are located in different jurisdictions, such as Brazil and the United States.

For investigations in Singapore, the AGC will need these evidences and it has sought assistance, she said.
“AGC has asked for certain information from them and some of its requests are still pending. AGC anticipates that further requests will have to be made as the investigations develop.”

More at https://www.prolificskins.com/forum/current-affairs/keppel-case-sg-wants-to-move-as-expeditiously-as-possible



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Re: Keppel case: SG wants to move ‘as expeditiously as possible’
« Reply #1 on: January 08, 2018, 03:02:42 pm »
jialat ..... who were the independent directors then? ??? ... how far up the management ladder? ???
"A man who has depths in his shame meets his destiny and his delicate decisions upon paths which few ever reach."