Singapore’s government embroiled in domestic crisis management
Photo: East Asia Forum 2017 was a horrible year for Singapore’s government — and for Prime Minister Lee Hsien Loong in particular. It began with an open and vocal stoush with China. Late in 2016 the Chinese government confiscated millions of dollars’ worth of Singapore’s military hardware passing through the port of...
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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