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Sembcorp Marine lodges report with CAD following Brazil probe

It files suspicious transaction report; investigations involve former president of firm's Brazil unit

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Sembcorp Marine said that due to the "evolving nature" of the matters in Brazil, the internal investigations being conducted by the company are still ongoing and have not yet been concluded.

Singapore

SEMBCORP Marine said that it has lodged a report with the Commercial Affairs Department of the Singapore Police Force, after revealing last week that its yard in the south-eastern state of Brazil was raided and the facility's former president was involved in a corruption probe...

sentifi.com

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