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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

Published Tue, Dec 14, 2021 · 09:50 PM

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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