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Zwi Skornicki
Offshore & Marine
Brazil's Comptroller General initiates administrative enforcement procedure against Keppel O&M following 2017 corruption scandal
The Office of the Comptroller General of Brazil (CGU) has begun an administrative enforcement procedure against Keppel Offshore & Marine (Keppel O&M) and its other companies in relation to its bribery case in 2017.
June 11, 2020
Corruption probe
Police raid premises of SembMarine subsidiary in Brazil
SINGAPORE (July 3): Sembcorp Marine says the Brazilian federal police conducted a raid on the premises of its subsidiary Estaleiro Jurong Aracruz Ltda (EJA).
July 03, 2019
Global Economy
Briefs
SINGAPORE (July 1): “Presidential Harassment!” – US President Donald Trump’s tweet, following news that former special counsel Robert Mueller will be testifying in public on his investigations into Trump’s alleged dealings with Russia.
June 28, 2019
In print this week
Keppel facing a scandal
SINGAPORE (Jan 8): It was a blue Christmas for Keppel Corp. On Dec 23, 2017, the company said its offshore and marine arm had reached a global resolution with authorities in the US, Brazil and Singapore in relation to corrupt payments made by a former age
January 08, 2018
In print this week
What Keppel's corruption scandal means for investors
SINGAPORE (Jan 5): It was a blue Christmas for Keppel Corp.
January 05, 2018
Broker's Calls
Keppel's long-term value intact despite being slapped with $570 mil in fines, says OCBC
SINGAPORE (Dec 26): OCBC is maintaining its longer-term "buy" rating on Keppel Corporation with upside potential of 11.1% although there is likely to be a negative knee-jerk reaction on the share price.
December 26, 2017
Keppel O&M fined US$422 mil as part of resolution over bribes for contracts by ex-agent Skornicki
SINGAPORE (Dec 23): Keppel Corporation says Keppel Offshore and Marine (Keppel O&M) has reached a global resolution with criminal authorities in the United States, Brazil and Singapore in relation to corrupt payments made by Keppel O&M's former agent
December 23, 2017
Keppel Corp’s internal investigations uncovers ‘suspicious’ transactions
SINGAPORE (Oct 3): Keppel Corp on Monday said that it has found certain transactions associated with Zwi Skornicki in Petrobas and Sete Brasil “may be suspicious” following further internal investigations.
October 03, 2016
Keppel denies media reports alleging top executives authorised bribes
SINGAPORE (Aug 4): Conglomerate Keppel Corp issued a statement on Wednesday night denying media allegations that its executives were involved in bribery in Brazil.
August 04, 2016