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Keppel Corp pays S$570m to resolve bribery probes


kdash
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'Agent's fee' so much.......who signed off on the payment! Hope its not from the ikan bilis that were caught with their hands under the table....

Agent fee is so common in marine industry.

 

Same goes go to surveyor and PE fee. Anyone one is in marine will concur with me.

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thats why i say lo... the $570m is to stop the ongoing investigations into the 5 executives. this amount is sup sup water for them and Keppel...
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'Agent's fee' so much.......who signed off on the payment! Hope its not from the ikan bilis that were caught with their hands under the table....

You can download the attachments to read the court documents.

 

KOM stands for KEPPEL OFFSHORE & MARINE.

 

https://www.justice.gov/opa/pr/keppel-offshore-marine-ltd-and-us-based-subsidiary-agree-pay-422-million-global-penalties

 

Below is proof that money was transferred from KOM in Singapore.

post-167240-0-16338700-1514212257_thumb.png

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quick question:

if every “bribery”case can be paid and settled ... there is no “corruption” in the world liao?

Walau eh... Like dat not fair to Kong Hee Fatt Choy leh......

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quick question:

if every “bribery”case can be paid and settled ... there is no “corruption” in the world liao?

If can pay millions of dollars of salaries to "stop corruption", then why not?

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Is Keppel Corp is part owned by Temasek or GIC.?So also our Citizen's $$$$...,no wonder LHL said must raised Taxes... [bigcry]  [furious]

Edited by ER-3682
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Agent fee is so common in marine industry.

 

Same goes go to surveyor and PE fee. Anyone one is in marine will concur with me.

That means kom is innocent.....so why need to be 'fined' hundreds of million dollars? I have never been in a marine industry.....but is the amount paid a regular figure in the marine industry to facilitate a transfer...pardon my ignorance.... i oni peasant.

Walau eh... Like dat not fair to Kong Hee Fatt Choy leh......

Bribery and cbt different lei......

You can download the attachments to read the court documents.

 

KOM stands for KEPPEL OFFSHORE & MARINE.

 

https://www.justice.gov/opa/pr/keppel-offshore-marine-ltd-and-us-based-subsidiary-agree-pay-422-million-global-penalties

 

Below is proof that money was transferred from KOM in Singapore.

Maybe big boss dont know! I oni speculating....
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haha ... 1DUMB could chop chop curry pop close the case and move on to "new" projects ... [laugh]

isn't ahjib kor and ah trump kor are BFF? lol

 

Najib dont wanna pay.....so US is investigating 1DuMB...

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actually.. im curious to know... if the parties who received the bribery were charged...

Hmm... Maybe turned into oil drum buried underwater liao....

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That means kom is innocent.....so why need to be 'fined' hundreds of million dollars? I have never been in a marine industry.....but is the amount paid a regular figure in the marine industry to facilitate a transfer...pardon my ignorance.... i oni peasant.

 

 

When did he say they are innocent? He said it is common - i.e. bribery is everywhere.

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In market like Brazil, without facilitation payment, how to get contract?

 

 

You can't.

 

But you can't have your cake and eat it too. If you want to build a reputation for being clean (and make money based on that reputation), then there is a price to pay as well.

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You can't.

 

But you can't have your cake and eat it too. If you want to build a reputation for being clean (and make money based on that reputation), then there is a price to pay as well.

 

Shareholders' ROI

or

Reputation for being clean

is important?

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