Former PAP minister claims Keppel has integrity
KepCorp chairman and former minister Lee Boon Yang jokes about integrity at Keppel after kena record fine of more than S$1/2 billion! [ LINK ] . Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
Keppel’s senior executives involved in corrupt payments must return millions in ill-gotten gains
Remuneration of senior management is pegged to company performance. Keppel’s senior executives must have collectively been paid additional millions over 13 years as a result of corrupt payments for their “stellar performance”. According to this Reuters report, the Temasek company had paid “US$55 million in bribes”...
Did Keppel management lie to the public?
Keppel O & M In the Brazilian bribery case involving Keppel Offshore & Marine, some US$55 million (SGD$73.5 million) were reported to have been paid by a Keppel agent to Brazilian govt officials in order to secure deals for Keppel in Brazil. These "improper payments" were made over a period from 2001 to 2014, and they...
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