Seatrium was formed following the merger of Singapore's two main offshore and marine companies - Sembcorp Marine and Keppel Offshore & Marine.
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.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.
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