'Slap on the wrist': Mixed views from lawyers on CPIB stern warnings to 6 ex-senior staff of Keppel unit over US$73m bribery case
The case involved explosive revelations relating to those caught up in the bribery scandal including KOM, Singapore's biggest oil rig builder and a major player in the global energy and marine sector. KOM is part of Keppel Corporation, one of the largest conglomerates here.
The bureau noted a number of factors in outlining its decision to issue stern warnings, including the difficulties involved in getting evidence in a complex case involvingThe culpability of the individuals, who have not been named, the available evidence and"what is appropriate in the circumstances" were also taken into consideration, the CPIB added.
However, other lawyers said that the KOM case is a"standalone" one, and that charges could not be brought to the alleged offenders because there was likely a lack of evidence. This is because CPIB had issued a conditional warning in lieu of prosecution to the offender corporate entity for offences punishable under the Prevention of Corruption Act “based on a global resolution involving the US Department of Justice, Singapore and Brazil”.
CPIB said that the stern warnings were issued to the six"in lieu of prosecution for offences punishable under the Prevention of Corruption Act". In response to queries from TODAY, a CPIB spokesman said that the bureau"does not disclose names of individuals who are issued warnings".A stern warning is not a criminal conviction and so will not be part of the six former employees' criminal records, said lawyers.
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