SUBSCRIBERS

Keppel stresses zero tolerance towards illegal acts

Brazilian police looking into possible bribes paid in contracts signed by Petrobras and Sete Brasil with Keppel Fels

Angela Tan
Published Tue, Feb 23, 2016 · 09:50 PM

Singapore

KEPPEL Corp reiterated on Tuesday its zero tolerance towards any form of illegal activity after Brazil's two-year long corruption probe involving national oil company Petroleo Brasileiro SA (Petrobras) and rigbuilder Sete Brasil saw the arrest of the Brazilian president's election campaign manager this week.

Keppel, whose unit Keppel Fels Brasil is among 10 companies allegedly involved in the scandal, said that it would take all necessary steps to eradicate such conduct if found.

Brazilian police are looking int…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here