Keppel Offshore & Marine (Keppel O&M), which was involved in a corruption scandal in Brazil, has yet to conclude its penalty discussions with the Public Prosecutor’s Office in Brazil, Ministério Público Federal.

This is despite Keppel O&M’s compliance with its obligations under the Leniency Agreement with the Brazilian authorities, according to a Dec 23 filing.

In 2016, Keppel O&M, a subsidiary of Keppel Corp, was embroiled in corrupt payments made by its former agent in Brazil.

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