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Singapore
This Week in AsiaEconomics

Singapore defends move not to charge ex-Keppel executives in Petrobras-linked bribery case

  • Last month, Singapore’s Corrupt Practices Investigation Bureau issued ‘stern warnings’ to former Keppel executives in lieu of prosecution due to ‘lack of evidence’
  • The six individuals are alleged to have paid bribes amounting up to US$55 million to win building contracts with Petrobras and Sete Brasil

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The Keppel Container Port in Singapore. Six executives from Keppel Offshore & Marine avoided prosecution charges in a bribery case linked to Brazil’s Petrobras scandal. AFP/File
Kimberly Lim
A Singapore minister on Monday defended prosecutors’ decision not to lay criminal charges against six former executives of state-backed Keppel Corp over their alleged role in the broad corruption scandal at Brazilian oil giant Petrobras.

Facing a flurry of questions from lawmakers in parliament over the decision – a subject of public debate in recent weeks – Minister Indranee Rajah said there was “a lack of sufficient evidence, either documentary or through witnesses, which would establish any criminal charge beyond a reasonable double against a specific individual”.

The decision was taken following exhaustive investigations by the country’s powerful Corrupt Practices Investigation Bureau (CPIB) and the Attorney-General’s Chambers, Indranee said.

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The cross-border nature of the case and a lack of witnesses made prosecuting the six executives difficult, the minister in the prime minister’s office said.

Lawmakers’ questions on the matter follows a statement issued by the CPIB on January 12 stating that the six individuals – which the agency did not name – had been issued stern warnings in lieu of prosecution. The agency cited “evidentiary difficulties” in its probe.

The case made national headlines in 2017 when Keppel Offshore & Marine (Keppel O&M) – shipbuilder Keppel’s rig-building unit – agreed to pay around US$422 million in fines as part of a global resolution with criminal authorities in the US, Brazil and Singapore.
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