Six former Keppel Corp senior management staff allegedly involved in paying bribes to secure drilling rig newbuilding contracts have avoided prosecution.
Instead, the unnamed individuals have been issued with stern warnings, according to Singapore’s Corrupt Practices Investigation Bureau (CPIB).
In addition, Keppel Offshore & Marine (KOM) was issued with a “conditional warning” in lieu of prosecution as part of the global resolution led by the US Department of Justice and involving Brazil and Singapore.
