ShippingWatch

SBM Offshore finds signs of bribery

There is a high probability that corruption has occurred between Dutch offshore giant SBM and officials in Angola and Equatorial Guinea, according to an internal investigation in the company.

Following a two-year internal investigation, the result is clear: There are signs that Dutch SBM has paid money directly to officials in the African countries in which the company has worked. In a statement published by SBM Offshore on Wednesday, the company says that it does not yet know what direct consequences the cases might have, financially or otherwise.

”Corruption poses a challenge to the global container industry”

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs