The Business Times
business-time-50

Timeline: Seatrium’s corruption offences in Brazil unravelled

google-preferred-sourceAdd BT as a preferred source
Uma Devi

Uma Devi

Published Thu, Mar 28, 2024 · 02:52 PM
    • Two former executives of O&M giant Seatrium (previously known as Sembcorp Marine), were charged with corruption offences.
    • Two former executives of O&M giant Seatrium (previously known as Sembcorp Marine), were charged with corruption offences. PHOTO: BT FILE

    THE Business Times outlines the sequence of events involving Singapore companies – Sembmarine (now called Seatrium) and Keppel Offshore and Marine (Keppel O&M) – in Brazil’s Operation Car Wash:

    July 2016 

    Former Keppel agent Zwi Skornicki says company’s executives authorised him to bribe public officials in Brazil in exchange for Petrobras contracts. Keppel terminates agency relationship with Skornicki. 

    January 2018 

    seatriumKeppelCorruptionTimeline

    TRENDING NOW

    Why is Apac poised to become such a significant market for aviation?

    Asia-Pacific aviation: is up really the only way?

    Russian President Vladimir Putin (right) meeting Myanmar President Min Aung Hlaing (left) at the Grand Kremlin Palace in Moscow on Aug 18.

    Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies

    Professional oversight can help investors avoid emotion-led decisions, shares Chew Mun Yew, managing director and head of UOB Private Bank.

    Why disciplined stewardship matters when managing wealth in uncertain markets

    The programme aims to equip accountancy and corporate finance workers with practical skills to use AI effectively and responsibly.

    More than 15,000 sign up for national accounting body’s AI programme in two months

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More