Delayed PROSECUTION ,
Authorities also stated in a press release on Thursday that Seatrium and the public prosecutor are discussing the alleged corruption in Brazil in relation to the deferred prosecution agreement ( DPA ).  ,
In exchange for the offender’s agreement to follow certain conditions, the prosecution agrees to postpone legal charges against the business. These may include the implementation of business reform, the payment of monetary penalties, and the admission of wrongdoing.  ,
” Under the proposed DPA, the business will be required to give a financial penalty of US$ 110 million”, said the government.  ,
” Of this number, US$ 53 million may be used to compensate the settlement payment totalling 670, 699, 731.73 Brazilian euros ( US$ 134.5 million ) under the in- process settlement agreements that the organization has reached with the government in Brazil”.
The Public Prosecutor and Seatrium are still finalizing the DPA’s words and terms, which will need to be approved by the High Court’s General Division.
OPERATION CAR WASH
In May 2023, the CPIB announced the start of its investigation into Seatrium and its employees for alleged fraud violations that occurred in Brazil.
When CNA asked the moment whether the allegations against Seatrium were connected to a million dollar corruption case involving previous KOM employees and Portuguese oil company Petrobras, CPIB declined to comment.
However, it came two weeks after Seatrium announced that its conglomerate EJA was being looked into for “alleged anomalies” over its practices.  ,
Seatrium stated shortly after that the proceedings frequently involved “past do that the Portuguese officials have investigated in connection with Operation Car Wash.” A fortnight later, but, Seatrium announced that , primary administrative proceedings against its Brazilian company were suspended.
Operation Car Wash began in 2014 as a cash- fraud sensor into a car soak in Brazil’s money Brasilia, and it turned out to be anything but a regular analysis.
The procedure expanded tremendously, evolving into an intensive research into Brazil’s largest problem system.
As the information mounted, the probe , revealed illegal kickbacks from business executives to prominent politicians in trade for contracts within the condition- operated oil giant, Petrobras.
Davina Tham provided more monitoring.