Offshore

Huge fine to Keppel yard is a new record for a Singapore company

The USD 422 million fine issued to Keppel yard group in connection with a Brazilian corruption case is the largest fine ever issued to a company headquartered in Singapore.
Photo: /ritzau/AP/Wong Maye/
Photo: /ritzau/AP/Wong Maye/
by OLE ANDERSEN

A USD 422 million fine to yard and marine group Keppel Offshore & Marine in connection with a corruption case in Brazil is the largest fine to be issued to a company headquartered in Singapore.

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