The alleged offences took place between 2009 and 2014 and involved a total sum of around US$44 million .
SINGAPORE - Two individuals related to Seatrium, formerly Sembcorp Marine, have been charged with corruption offences involving the payment of bribes for the benefit of persons in Brazil.
Wong, 62, and Lee, 75, each faces five charges of conspiring to corruptly give gratification to Guilherme Esteves de Jesus , a former consultant with Seatrium, for the benefit of persons in Brazil, to advance the business interests of the company’s subsidiaries in Brazil. Up to US$53 million of the amount may be used to offset the settlement payment totalling 670,699,731.73 Brazilian real , which are under the in-principle settlement agreements that the company has reached with the authorities in Brazil.
The AGC said it considered all the relevant factors in this case, including the available evidence, and assessed that there was sufficient evidence to mount a prosecution.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2 former employees of Sembcorp Marine, now Seatrium, charged with bribing Brazilian officialsSINGAPORE: Two former employees of the now-defunct Sembcorp Marine and a subsidiary were charged on Thursday (Mar 28) with bribing Brazilian officials to advance their companies' interests in the South American country.
Read more »
Cordlife's former group CEO, 4 board members arrested amid CAD probeSINGAPORE - Cordlife’s former Group CEO Tan Poh Lan and four board members have been arrested in connection with potential breaches of the company’s disclosure obligations in relation to the irregular temperatures of a certain cryogenic storage tank.
Read more »
Cordlife’s former group CEO and four board members arrested and out on bailCord blood units belonging to at least 2,150 clients were damaged, with 17,050 others potentially affected.
Read more »
Cordlife’s former group CEO and four directors arrested and out on bailCord blood units belonging to at least 2,150 clients were damaged, with 17,050 others potentially affected.
Read more »
Cordlife probe: Former Group CEO and 4 board members arrestedSINGAPORE — Cordlife's former Group CEO Tan Poh Lan has been arrested along with four directors in relation to an investigation into the company's mishandling of cord blood units.
Read more »
Former CEO and Board Members of Cordlife Arrested for Breaches of Disclosure ObligationsCordlife’s former Group CEO Tan Poh Lan and four board members have been arrested in connection with potential breaches of the company’s disclosure obligations in relation to the irregular temperatures of a certain cryogenic storage tank. Cord blood units belonging to at least 2,150 clients were damaged, with 17,050 others potentially affected.
Read more »