CPIB investigating marine engineering firm Seatrium over alleged corruption offences in Brazil

CPIB investigating marine engineering firm Seatrium over alleged corruption offences in Brazil

In January, six former senior management staff members of KOM were given stern warnings by CPIB over the Petrobras case. 

The warnings were in lieu of prosecution for offences punishable under the Prevention of Corruption Act.

The offences relate to bribe payments to Petrobras officials, pertaining to rigs-building contracts which Petrobras or its related companies had awarded to KOM.

The six former employees were not prosecuted over the multimillion-dollar bribery case due to insufficient evidence to establish their guilt beyond a reasonable doubt, said Minister in the Prime Minister’s Office Indranee Rajah in Parliament on Feb 6. 

“Simply put, there is a lack of sufficient evidence, either documentary or through witnesses, which would establish any criminal charge beyond a reasonable doubt against a specific individual,” she said then. 

In its statement on Wednesday, CPIB said it “investigates without fear” and would not hesitate to take action against any parties involved in corrupt activities.