Did Keppel management lie to the public?
Keppel O & M In the Brazilian bribery case involving Keppel Offshore & Marine, some US$55 million (SGD$73.5 million) were reported to have been paid by a Keppel agent to Brazilian govt officials in order to secure deals for Keppel in Brazil. These "improper payments" were made over a period from 2001 to 2014, and they...
A Shocking Window Into The Institutional Corruption That Pervades Singapore Inc
Quietly over Christmas the US Justice Department announced that it had reached a deferred prosecution agreement with Keppel Offshore and Marine. Under the agreement Keppel O & M, a unit of Keppel Corp, will pay $422 million to resolve charges that it paid $55 million in bribes to Brazilian politicians to win business from...
Singapore abandoned, Bank of Singapore bust
Not the dreams of Oxygen and his fellow cybernuts come true, but reality. Not Singapore in a parallel universe but in Singapore, Michigan. [ LINK ] Michigan Historic Marker: Singapore, Michigan. Beneath the sands near the mouth of the Kalamazoo River lies the site of Singapore, one of Michigan's most famous ghost towns. Founded...
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