Corporate digest

Keppel Corp

KEPPEL Corp said on Sunday it refutes the allegations by Zwi Skornicki in his July 21 testimony in connection with the ongoing Lava Jato, or Operation Car Cash, investigations regarding the company's involvement in the illegal payments made by Mr Skornicki. Keppel reiterates its zero-tolerance stance against any form of illegal activity, including bribery and corruption, involving its employees or associates, and will take all necessary steps to eradicate such conduct if discovered. The listed conglomerate said it is unable to comment further in view of the ongoing investigations.

Otto Marine