KOM scandal likely tip of GLC corruption iceberg
The PAP government has tried to portray itself as whiter than white for decades. But things are about to change with the revelation of Keppel Offshore and Marine senior management – including one former Colombo Plan scholar – being involved in the 13-year bribery scandal. It doesn’t help PAP’s image when former minister...
Former PAP minister claims Keppel has integrity
KepCorp chairman and former minister Lee Boon Yang jokes about integrity at Keppel after kena record fine of more than S$1/2 billion! [ LINK ] . Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
Keppel’s senior executives involved in corrupt payments must return millions in ill-gotten gains
Remuneration of senior management is pegged to company performance. Keppel’s senior executives must have collectively been paid additional millions over 13 years as a result of corrupt payments for their “stellar performance”. According to this Reuters report, the Temasek company had paid “US$55 million in bribes”...
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