Keppel says it has not been served court papers over latest civil action by EIG
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
KEPPEL Corp said on Sunday that it has not been served with court papers relating to a new civil action brought against Keppel Offshore & Marine by certain funds managed by EIG Global Energy Partners in the United States.
Keppel's statement came in response to an article published on the Law360 website on Feb 8, titled "EIG hits Keppel with US$660m RICO suit over Brazil bribery". The article referred to a lawsuit filed by the EIG funds in a district court in New York against Keppel Offshore & Marine under the Racketeer Influenced and Corrupt Organizations Act (RICO).
Copyright SPH Media. All rights reserved.