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Singapore arrests former Keppel Offshore & Marine executives in Brazil bribery probe

Staff Writer |
Several former executives of Keppel have been arrested by Singaporean authorities in a probe related to charges its rig-building unit bribed Brazilian officials, Singapore's Straits Times newspaper reported on Friday.

Keppel Offshore & Marine in December agreed to pay US$422 million to resolve investigations into the matter by authorities in the United States, Brazil and Singapore.

But Singapore's Attorney-General's Chambers (AGC) and the Corrupt Practices Investigation Bureau (CPIB) said at the time that investigations regarding the individuals involved were ongoing.

The Straits Times said more than six people were currently out on bail connected with case.

Keppel Offshore & Marine has taken disciplinary action against 17 current and former employees in relation to the bribery charges, court documents showed.

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