Keppel, SembMarine Deny Bribery Allegations

Keppel building

By MarEx 2015-02-08 21:47:53

Mainboard-listed rig builders Keppel Corp and Sembcorp Marine on Sunday strongly denied allegations that they paid bribes in Brazil's energy sector, which has been embroiled in a massive corruption scandal, the Straits Times reported.

The companies were responding to a report on the website of Brazilian news magazine Veja which alleged that representatives of Keppel Fels Brasil and SembMarine's Jurong Aracruz shipyard paid more than US$6 million (S$8.1 million) in bribes.

NOTE: Reuters has not verified this story and does not vouch for its accuracy.

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