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...
A Shocking Window Into The Institutional Corruption That Pervades Singapore Inc
Quietly over Christmas the US Justice Department announced that it had reached a deferred prosecution agreement with Keppel Offshore and Marine. Under the agreement Keppel O & M, a unit of Keppel Corp, will pay $422 million to resolve charges that it paid $55 million in bribes to Brazilian politicians to win business from...
|
|
|
|
|
|
|
|
|
- PAP IBs are the betrayers on The fate of Singapore
- PAP mandate strong on America humiliated as Biden shunted at APEC Summit
- PAP mandate strong on America humiliated as Biden shunted at APEC Summit
- Singaporeans R Free Riders on Good Governance
- Singaporeans R Free Riders on Good Governance
|
|