Keppel refutes allegations of link to Unaoil bribery scandal
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KEPPEL Corp has dismissed allegations in foreign media reports that the group was involved in a global oil bribery scandal embroiling Monaco-based oil company Unaoil.
A company spokesman said in a statement on Monday: "Keppel FELS strongly refutes allegations made in the media regarding its involvement in the payment of bribes relating to Unaoil. Keppel has a code of conduct which prohibits, among others, bribery and corruption." Keppel FELS is a wholly owned subsidiary of Keppel Offshore & Marine, which in turn is fully owned by Keppel Corp.
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