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December 22, 2017

Posted  January 2, 2018

Keppel Offshore & Marine Ltd., a Singapore-based company that operates shipyards and repairs and upgrades shipping vessels, and its wholly owned U.S. subsidiary, Keppel Offshore & Marine USA Inc., agreed to pay a combined total penalty of more than $422 million to resolve criminal charges of violating the Foreign Corrupt Practices Act and related charges from authorities in Brazil and Singapore. Specifically, Keppel participated in a decade-long scheme to pay millions of dollars in bribes to officials in Brazil. DOJ

Tagged in: FCPA,