CPIB gives Keppel O&M 6-month extension to pay US$52.7m
This is given that talks with specified Brazilian authorities continue
Claudia Tan HS
Singapore
THE Corrupt Practices Investigation Bureau (CPIB) has extended the deadline for Keppel Offshore & Marine (Keppel O&M) to pay the balance sum of US$52.7 million under its conditional warning by 6 months to June 22, 2022.
This is given that discussions with specified Brazilian authorities remain ongoing, said Keppel Corp in a bourse filing on Tuesday (Dec 14).
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