Keppel Corp. says an employee of a former agent for the company in Brazil has been charged with corruption.
The charges were connected with contracts entered into between certain Keppel entities and Brazil’s national oil company that has been at the focus of a national corruption scandal.
Keppel previously said the man had been arrested and that its relationship with the agency has been put on hold.
The rigbuilder says it has a zero-tolerance stance against any form of illegal activity.
At 11.08am, Keppel is down 0.56% at $5.37.
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The charges were connected with contracts entered into between certain Keppel entities and Brazil’s national oil company that has been at the focus of a national corruption scandal.
Keppel previously said the man had been arrested and that its relationship with the agency has been put on hold.
The rigbuilder says it has a zero-tolerance stance against any form of illegal activity.
At 11.08am, Keppel is down 0.56% at $5.37.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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