A former Keppel Offshore & Marine (KOM) lawyer said he drafted contracts used to pay bribes to Brazilian officials after “discussing the economic terms” with his seniors at Keppel and “acting in agreement” with them and others at the Singapore company.
Jeffery Shiu Chow, 59, who had been a lawyer with KOM’s legal department for over 25 years, was also allowed to return to Singapore to assist with investigations.
These details emerged in an Aug 29 transcript of his remarks at a hearing in New York that were unsealed on Dec 22 last year, the same day KOM agreed to pay a US$422 million (S$563 million) penalty in connection with violations of the Foreign Corrupt Practices Act (FCPA). The settlement and the penalty amount are unprecedented for a Singapore firm.
The full original article can be found at straitstimes.com