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Brazil authority publishes notice to probe five Keppel units

Published Thu, Jun 11, 2020 · 09:50 PM

Singapore

THE Office of the Comptroller General of Brazil (CGU) has published a notice in the Official Gazette stating that it has initiated an administrative enforcement procedure against five Keppel subsidiaries in relation to "alleged irregularities under the Brazilian Anti-Corruption Statute".

CGU has appointed two officials to form a panel to preside over the proceedings, Keppel Corp said in a bourse filing on Thursday.

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Brazil

Corruption

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Companies & Markets

Companies & Markets

Brazil authority publishes notice to probe five Keppel units

KEYWORDS IN THIS ARTICLE

Companies & Markets

Sumitomo to bolster shareholder returns in new mid-term plan

US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform

ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet

ING unveils 2.5 billion euros buyback as profit beats estimates

Prosper Cap halts operations at UK hotel after fire breaks out

DBS chief expects 2024 earnings to hit new highs as Q1 profit rises 15% to S$2.95 billion

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