The media has reported widely about the corruption case involving Keppel
O&M and a Brazilian company. And somehow the US Justice Dept is the
authority on this case as if it has jurisdiction over Keppel O&M
operating in Brazil or jurisdiction over commercial crimes in Brazil.
Below are some details of the case posted by Kenneth Jeyaretnam in TRE.
‘Quietly over Christmas the US Justice Department announced that it had
reached a deferred prosecution agreement with Keppel Offshore and
Marine. Under the agreement Keppel O & M, a unit of Keppel Corp,
will pay $422 million to resolve charges that it paid $55 million in
bribes to Brazilian politicians to win business from the state oil
company Petrobras, an offence under the US Foreign Corrupt Practices
Act.
According to the WSJ, “Keppel admitted in court documents that it paid
about $55 million in bribes to officials at Brazilian state-owned oil
company Petróleo Brasileiro and the then-governing party in Brazil from
2001 to 2014 to win 13 contracts with Petrobras, as the company is also
known, and another company. It paid the bribes through outsize
commissions to an intermediary, who in turn made payments to the
officials and the political party, prosecutors said.”’
Keppel O&M committed an offence under the US Foreign Corrupt
Practices Act? OK, one of the parties involved in the corruption is a US
citizen. This person could be charged under US law. Does this mean that
Keppel O&M, a Singaporean company operating, maybe registered in
Brazil would also come under an American Law, governed by an American
Law? How could this be? How could this happen? Is Singapore or Brazil a
subject member of the American Empire that an American Law can be
applied over them?
I can’t believe this. This is just like the Americans legislating a law
to conduct relations with Taiwan and telling China to obey and respect
this American Law. Like that the Americans can fabricate all kinds of
laws to govern all the countries in the world.
Can other countries also legislate laws to govern citizens and
organisations of other countries including American citizens and
corporations? Can China, Russia or Singapore come out with their own
Foreign corrupt Practices Act to apply to everyone, including Americans?
If the crime of Keppel O&M were committed in US territory, there is
no question about US jurisdiction. This offence was committed in Brazil,
why would Keppel O&M subject itself to American laws and sheepishly
and willingly admit to the crime, accept the fines of an American
court?
I don’t see why Keppel O&M should submit itself to American
jurisdiction, to be judged by the American courts, with no objection, no
protest as if this is a right and normal thing to do, and so happy
about it. Are Singaporeans subjects of the American Empire?
The American Empire rules! Singapore has to accept the rule of the
American Empire? Singapore and Brazil are sovereign states, not states
within the USA.
59 comments:
Sinkieland is Not a State of USA nor Cheena nor Nehland nor Mat-/IndoLand. It's a sovereign island city by itself. How is it that the little red dot become a state of the Evil Empire? The ancient adage of While in Rome Do what the Romans do. Sinkieland committed 'crime' & subjected to Americuns law just that they hanky panky & got caught, dafts Sinkie elite bobian but to owe up else they b slap left right centre as the Evil Empire has great influence over the SoccerLand, seems like the top management of Kapel knows bout it & dun care abit, there goes the ceepf monies to the drain.
To verify whether what I said is true or not, all you have to do is ask this question:
Are those people millionaires today?
What crimes did Sinkieland committed?
Uncle Redbean, me confuse...R u referring to that Singapore of Michigan USA ( read this -- https://en.m.wikipedia.org/wiki/Singapore,_Michigan)? If it is, that Singapore Michigan is a small little port of Michigan USA but it has become a ghost Town & sunken to the bottom of the lake long long time ago..
"Former PAP MP for Ang Mo Kio GRC Inderjit Singh criticised Prime Minister Lee Hsien Loong for dilly dallying on his decision for a successor, saying that it is already too late to choose one now.
The ex-PAP member said the successor should have at least 10 years of experience as a Deputy Prime Minister as preparation before taking up the PM role, like as was the case for Goh Chok Tong and Lee Hsien Loong.
This Kopple case involved a US citizen Jef Chow, he is sinkie PR working in Kopple legal for 25 yrs, a US subsidiary not reported in Reuters.
Chow owned up the scheme. Over payment to facilitate the excess money to be used for bribery. Chow admitted he knew the over payment. (this kind of payment involves millions dollars, how can the senior managment dont know? as authorizing payment has level of authority. Million dollars needs to be signed by whom?)
It was "a deal" between the "authorities" of the 3 countries. The US subsidiary pleaded guilty for an amnesty called deferred prosecution.
The sinkie deal was supper good. according to report gained $351.8, fined by US $422, both in millions. So u know what is the story now.
Google the story, shit times only give some here and here at different time. Also has impact on somb marine tho.
Sinkieland is a corruption free heaven. U must agree. So is there prosecution inside sinkieland? The case for US subsidiary is settled. Is the case in brasil settled? Is the case in kopple legal department settled? Why did Chow needs PR if he was not working on sinkieland? Think lah.
Vote for opposition 61%, its time to face the hardest truth on corrupted practices. Got courage?
"The ex-PAP member said the successor should have at least 10 years of experience as a Deputy Prime Minister as preparation before taking up the PM role, like as was the case for Goh Chok Tong and Lee Hsien Loong."
Another self-serving statement to fool the population to further entrench PAP rule.
If like that, there will never be a change of party.
Look at Trump. He's making America great again, and he never was a Vice President.
For too long, the US is even mightier than the UN. This is the result of whoever has more dough, his voice louder even though they are Paupers pretending to be Princes.
Trump thought that the US is sponsoring all countries unfairly and all must listen to the Master.
So whatsoever instructions they gave, all must obey. He got pissed off when they voted against him.
USA is a big bully that every nation must accede to their bullyings.
What's stringent checks your natives before coming over to our even more dangerous country.
So, they even ruled and control other affairs.
Just like the IMDB of Najib and now Kepple's so called bribery.
Their own dirty linen not.exposed.
Trump scorned the European Bloc and now they not for him.
Like that the Americans can fabricate all kinds of laws to govern all the countries in the world.
RB
Of course the Americans can but whether the countries will submit to the American laws is another matter.
In the Keppel O&M corruption case, Sinkieland under the ruling party PAP chose to submit to American Laws. Why they chose to submit? For their own good reasons lah.
And the PAP is voted in as the ruling party by 70% Sinkies. Why 70% voted PAP? For their own good reasons lah.
So you must ask PAP leaders what are their good reasons to submit to American Laws.
Or ask those PAP voters what are their good reasons to vote for PAP.
Singapore has to accept the rule of the American Empire?
RB
Maybe obviously for Sinkieland security reasons?
Why do you think Sinkieland want to host the American Asia Pacific naval fleet at Changi Naval Base?
Why do you think Sinkieland has such high defence budget and spending and buying those expensive American weapons and fighter jets, including the training and support?
Why Sinkieland did not buy PRC or even Russian weapons? Why send Sinkie soldiers to Taiwan and not PRC for training?
The good reason for 70% (next GE will be 90%) to have voted for PAP is that the majority of them depend on the PAP for their living, and some of them for their good life.
The good reason for PAP leaders to submit to USA's laws and pressures is that they depend on the USA like crippled and lame people having clutches.
Accoring to scmp an ex minister in the HK government paid about 2-3 million us $ to an African minister
for some energy projects . Both of them were arrested when they went to US . Their Lawyers said it has nothing
to do US but the charge was US$ was involved and therefore affect US economy. LIke this also can"
In another case an Iranian was also arrested when he went to Disneyland with his family and was also arrested.
He was involved in big projects in Turkey again in us $ . Kyrgyzstan 22 billion in US was frozen because of a suit
Involve 500million. They will froze China Trillons when there is war with Us . So do not use us$ and don't go us .
The Empire is too strong at the moment. U can never know.
Trump is the best President the US ever has. He is a genius!
Just think of how he defeated 16 other candidates from the Republican Party in order to get the party's Nomination.
Just think of how he defeated Hillary Clinton, who was supposed to have 88% chance of winning.
Just think of how he become a billionaire in his own right, with a capital of $1 million borrowed from his father.
...US$ was involved...
10:18 am
Why US$ was involved? Why not HKD or the African currency?
Why 70% voted for PAP? Why not WP or SDP?
Don't say 70%, why SDP can't even get near to 50% votes, even with Dr Chee and Prof Paul Tambyah as candidates?
So do you know why US and PAP so yaya papaya?
"The American Empire rules! Singapore has to accept the rule of the American Empire? Singapore and Brazil are sovereign states, not states within the USA." - redbean
-------------
I don't understand why redbean is so upset.
If an Indian can become a Malay under the "rule of law".
Why can't Singapore come under the jurisdiction of American Law?
Anyway, Keppel does not have to pay the fine if they don't want to ... right?
Singapore got so many clever lawyers right?
Do you think Keppel got the balls to counter-sue America?
Why not Keppel kpkb about the "rule of law"??
At home, do you think Keppel roars like a lion?
Overseas, do you think Keppel is quiet like a mouse?
Is there anything to stop Keppel shareholders from asking questions at the AGM?
Is there anything to stop Keppel shareholders from suing Keppel for answers to redbean's questions?
I believe that if WP or SDP, or for that matter any political party, will also behave like PAP when they become as strong as PAP or as ruling party.
Problem is, or maybe also a good thing that they cannot get anywhere as strong as PAP, at least till now.
Do you think Keppel should make a declaration of innocence before Singapore Parliament?
Is there anything to stop Keppel shareholders from suing Keppel for answers to redbean's questions?
10:44 am
Nothing to stop Keppel shareholders from suing Keppel (in Sinkieland) but what do u think are their chances of winning their suit?
70%? 93%? or 0%?
If you don't sue, how will you know whether your chance is 70%? 93%? or 0%?
If you don't ask, how will you know your girlfriend won't let you fuck her?
Never fight to lose, or worse lose with orh mark cut (black eye) like Chee Soon Juan.
It is pure stupidity to fight knowing that one is sure to lose. And voters don't want to vote in stupid politicians who don't know this (or pretend not to know) even before the fight starts.
If you don't ask, how will you know your girlfriend won't let you fuck her?
10:58 am
Alamak, this one need to ask? Body language can tell already, unless you are a male blur dumb fuck.
Do you think this sounds like another "deep seated cultural issue" ??
Do you think it is time to send KBW to Keppel ??
Keppel is like NOL. It has been operating at a loss for at least the last five years but does their public income statements reflect the true situation?
This is from TR Emeritus:
A Shocking Window Into Institutional Corruption.
"Quietly over Christmas the US Justice Department announced that it had reached a deferred prosecution agreement with Keppel Offshore and Marine. Under the agreement Keppel O & M, a unit of Keppel Corp, will pay $422 million to resolve charges that it paid $55 million in bribes to Brazilian politicians to win business from the state oil company Petrobras, an offence under the US Foreign Corrupt Practices Act.
According to the WSJ, “Keppel admitted in court documents that it paid about $55 million in bribes to officials at Brazilian state-owned oil company Petróleo Brasileiro and the then-governing party in Brazil from 2001 to 2014 to win 13 contracts with Petrobras, as the company is also known, and another company. It paid the bribes through outsize commissions to an intermediary, who in turn made payments to the officials and the political party, prosecutors said.”
The bribes were disguised by being channelled through a series of bank accounts in the names of shell companies controlled by Keppel’s Brazilian agent, Zwi Skornicki. Shockingly, despite allegations by Skornicki that five leading executives at Keppel had authorised him to make the payments, the only individual who is being prosecuted is a former senior member of the Keppel legal department. All we are told is that he has pleaded guilty and will presumably face a long US jail sentence."
Read the rest of the juicy article at TR Emeritus.
Is is only the tip of the Gigantic Iceburg that sank the Titanic?
Isn't the "deferred prosecution agreement" between Keppel O&M with the US Justice Department another form of bribery?
It's all about paying money (public money) to certain foreign governments' officials or organizations. To put it frankly an directly: This is organised crime, a felony punishable with long jail terms.
The is no much laws to protect sinkieland s reputation, which is the real victim.
Look at another case: it makes people shiver.
Now they say laws to allow social worker to force open the door is introduced after 3 long years.
Does it solve violence against the handicaps?
Let say this case, look at the victim s injuries. The relation was landlord and tenant, what social worker will bother?
The victim is justice. The victim on corruption like kopple case is sinkieland s reputation on trust on honesty among the public funded institutions.
"Their daily beatings left Ms Ee with 12 fractured ribs and seven fractured vertebrae, a ruptured stomach and a body crowded with blisters and bruises.
Earlier this month, Tan Hui Zhen, 33, was found guilty of voluntarily causing grievous hurt and given a jail term of 161/2 years while her husband Pua Hak Chuan, 38, was found guilty of the same charge and sentenced to 14 years in jail plus 14 strokes of the cane."
Is the US Justice Department an International Court that has jurisdiction covering Brazil and Singapore?
Why must Keppel be subjected to the US Prosecutors' demand?
Irrespective of whether Keppel has committed any corruption, it is none of the US DOJ's business. It is between Singapore Government and the Brazilian Government to tackle the case.
Bloomberg reported that the Keppel O&M corruption probe has concluded with the payment of a record S$567 million dollar fine.
"About a quarter of the fine will be paid to the Singapore government and “These payments were part of the total criminal fine“.
Singapore CNA's report was only referring to the US$53 million fine which will be paid within 90 days and a further US$53 million within 3 years by Keppel O&M.
This shows that LHL's government stands to gain from the criminal acts of senior GLC executives, is it not?
According to Independent, the 5 senior management executives of Keppel involved in this corruption case are:
1. Choo Chiau Beng, former CEO of Keppel Corp and former CEO of Keppel O&M.
2. Chow Yew Yuen, former CEO of Keppel O&M.
3. Tay Kim Hock, former CEO of Keppel Fels Brasil.
4. Kwok Kai Choong, current CEO at Keppel Fels Brasil.
5. Tong Chong Heong, former Senior Executive at Keppel Corp.
According to Court Testimony by Mr Skornicki, Keppel’s agent, “he was given enough autonomy to sign contracts with Petrobras on behalf of Keppel“. He also used “the same accounts where Keppel paid him his formal fee to then bribe officials“.
According to him, "Keppel senior management had full knowledge and condoned his corrupt acts."
However, it appears that no further action will be taken against the 5 Keppel Executives as they have already been issued a “conditional warning” by AGC.
According to High Court Justice Woo Bih Li, a “warning” by the AGC is “no more than an expression of the opinion of the relevant authority that the recipient has committed an offence”.
Although Keppel’s corruption case has tarnished Singapore's good image and world reputation, as well as a total disgrace for our GLCs, Chairman Lee Boon Yang indicated that he was only “deeply disappointed”.
According to Keppel, Chairman Lee Boon Yang was paid S$675,000 in 2016 – because of “the greater responsibility carried by that office.
Shouldn't Lee Boon Yang now shoulder this greater responsibility by absobing all blames and resign or be kicked out in disgrace?
Why are the shareholders so quiet?
Why is the CPIB not take the initiative to investigate further into what other corrupt practices that Keppel as a whole have been practicing for the last 20 years?
Shouldn't this be the logical step to take, assuming that Singapore is supposed to be a Non-corrupt country? How then can we continue to tell the World that Singapore is a Non-corrupt country?
Why is the CPIB not take the initiative to investigate further into what other corrupt practices that Keppel as a whole have been practicing for the last 20 years?
12:35 pm
Ask PM Lee lah, since CPIB reports to the PMO (Prime Minister's Office).
Since CPIB reports to PMO, and if the PM is corrupt, then who will investigate the PM?
70% ??
Just look at Matland. See how PM Najib sacked those chiefs who dare to even hint of investigating him on the 1MDB.
If the PM is called a Dishourable Son by her own siblings, do you think he can be honourable to admit mistakes or wrong doings committed by those under him, if the result will also affect him directly?
Do you think Keppel's lawyers and American lawyers are very stupid?
Do you think an action has taken place on American soil, involving American business entities?
one hand washes the other (and both wash the face)
-----------------------------------
All parties involved will benefit from helping each other and/or working together toward the same goal.
The criminal organization has several politicians and most of the police force in its pocket, with everyone seeing a profit from illegal activities.
One hand washes the other, and both are washing the face!
https://idioms.thefreedictionary.com/one+hand+washes+the+other+(and+both+wash+the+face)
Corrupted brains are usually cunning and highly intelligent. But their hearts are self-centred, greedy and ruthless. Theu will usually make use of third parties to do their dirty works so that if caught, the third parties become the scapegoats. They usually also have legal training or legal backing.
They most likely also have connections - political, judiciary, police, military and underworld - from which they can pull strings.
12:35pm
Good details on parties legally responsible for initiating the corrupted practices. Heard the corruption continued for 13 long years.
One honorable acting pm on sinkieland had said normally in Japanese companies making mistakes of such magnitude affecting the future of the company, the managers will carry out hara kiri.
Is the honorable acting pm advising the state own company the same manner as way out to maintain honor? This is the most appropriate case for the acting pm to show his commitment to service quality of which honesty must be the paramount ingredient.
Meanwhile, fresh court documents out on Tuesday US time revealed that a former Keppel O&M lawyer had pleaded guilty and cooperated with the US authorities.
Jeffrey Chow, a former senior member of Keppel O&M's legal department, cut a deal with prosecutors, said a Reuters report, citing documents unsealed in federal court in Brooklyn.
Chow, 59, pleaded guilty on Aug 29 to conspiring to violate the Foreign Corrupt Practices Act, and admitted to drafting contracts that were used to make bribe payments, said the court records.
"I am deeply sorry for my conduct," he said during his plea hearing, according to a transcript.
He said he drafted contracts with a Keppel agent in Brazil who he realised was being overpaid by millions of dollars so he could bribe Brazilian officials.
"I should have refused to draft the contract that we used for paying bribes and I should have resigned from Keppel," he said.
Court records state that Chow, a US citizen, has a residence in Singapore and had worked for Keppel for more than 25 years. He is scheduled to be sentenced on May 2.
http://www.businesstimes.com.sg/companies-markets/keppel-acts-against-employees-involved-in-units-brazil-bribery-case
.........
Can I say on behalf of the daft 70% that this Jeffrey Chow lawyer (as a functional manager) acted alone even though he has no sales responsibility or executive authority?
Works Party ask questions to find out details:
On Friday (Dec 29), the party's assistant secretary-general Pritam Singh wrote on Facebook that he, as well as fellow MPs Sylvia Lim and Png Eng Huat, had collectively filed four questions relating to the incident.
"Amidst the shocking revelation of what must be one of the largest corruption scandals in the history of Singapore's Government-linked Companies, I was most surprised to see the virtual absence of any substantive information on this scandal on the AGC or CPIB websites except a brief media statement on the conditional warning given to Keppel," he said.
It was "even more curious" since the company denied its top executives were involved in giving out bribes for contracts, he added. He noted that the US Department of Justice had uploaded documents on the case to its website.
The questions filed by Mr Singh to Finance Minister Heng Swee Keat relate to issues such as when the Government expects CPIB and the Attorney-General's Chambers (AGC) to formally complete investigations into the Singaporean individuals involved, as well as how many Singapore Government-linked companies or their subsidiaries have been or are investigated for corrupt practices over the last 30 years.
Ms Lim asked if the fines paid were part of a three-nation plea bargain agreement involving the US, Brazil and Singapore, and if it is, what are the considerations in reaching such agreements, while Mr Png asked how far back will CPIB go in its investigations since the corrupt practices date back to 2001.
Acting US Attorney Bridget Rohde of the Eastern District of New York said the resolutions are the result of a multinational effort to investigate and prosecute a corruption scheme that resulted in Keppel O&M and its US unit paying more than
"US$50 million in bribes to Brazilian officials, and earning over US$350 million from business corruptly obtained in Brazil."
http://www.straitstimes.com/business/companies-markets/elaborate-scheme-used-to-disguise-bribes-us-attorney
---------------------------
Sir! Sir!
Who in Keppel has the management authority to approve and sign a business deal worth US$350 million dollars on behalf of Keppel?
Every big organisations would have a set of procedures on corporate authority level to sign off with monetary value for each level of executive. For sums involving millions or hundreds of millions, the minimum level must be the Chairman and with approval from the Board of Directors. CEOs are unlikely to be given such sweeping power to authorise millions of dollars of transaction or sign cheques for payment.
If cheques or payments of such huge amounts were signed off without proper authorisation, the persons signing the cheques would have violated their authority and committed an offence. Banks would not honour cheques from individuals that do not have the authority to do so. Following the trail of the cheques would reveal all the misdeeds and wrong doings and by who and who.
Given hundreds of millions involved will Chairman Lee Boon Yang, a former PAP minister do the right & lawful things? Like getting his CEOs n executives involved to pay back the ill-gotten bonuses? And will CPIB follow the laws & charged these CEOs & executives as now the evidences from the USA pointed to knowledge & endorsement of bribery? Singapore integrity of laws are at stake. Will the Law minister keep quiet n pretend nothing happen?
Let's see whether laws are laws in Spore.
These CEOs involved in some years were getting, now we know ill-gotten bonuses of $10mln a year.
A case of greed had became illegal greed.
What will Ho Ching, the CEO of Temsaek do?
What will Lee Boin Yang, the Chairman of Keepel do?
Now that they know of the unlawful crimes endorsed n approved by the executives.
Given hundreds of millions involved will Chairman Lee Boon Yang, a former PAP minister do the right & lawful things?
5:26 pm
What should be right & lawful is not for u to interprete.
U and me can say it is not right & lawful but of what use?
A good lawyer can help u to win a bad case in court. Black to a layman can become white in court for a client under a good lawyer.
Of course, sometimes having a good lawyer, although necessary but may not be enough.
The late JBJ was a very good lawyer but I, and for my own good (keep to myself) reasons, would not want lawyers like him to represent me for any case.
Sinkies must be awakened up to the fact of getting more Opposition MPs like the WP to ask these happenings in Parliament.
Now, they have to spend their New Year's festivities brainstorming how to keng in Parliament.
Kept them heads down and occupied.
Cheers
Rb, mainly due to petrol dollar and global use of us$ as reserve and international transactions going through the USA financial system via the USA for settlement of us$. So Keppel has no choice cause if Keppel refused to pay, it will be locked out of us$ which is not possible then for Keppel to operate. As Long as us$ is used in global trade and use as reserve, all countries are under USA jurisdiction.
@ December 29, 2017 4:53 pm & December 29, 2017 5:26 pm
-------
Dr Lee Boon Yang, chairman of Keppel Corp, made the following comments in the press release regarding the fines:
“Integrity is one of Keppel’s core values. We do not and will not tolerate any illegal activity in the conduct of our business. We regret and are deeply disappointed by the actions that we now know to have taken place at the Group’s offshore and marine business in Brazil from around 2001 to 2014.
Global companies such as Keppel have both a legal and moral duty to operate fully within international laws and regulations. Any perception that illegal payments can be condoned, if they are made by agents, is wrong and will not be tolerated.
Since the allegations emerged, we have moved quickly and decisively to put in place stricter controls and embedded best practices across the Group to ensure that such unacceptable behavior will not be repeated.”
https://www.fool.sg/2017/12/26/what-investors-need-to-know-about-keppel-corporation-limiteds-latest-corruption-related-fines-of-us422-million/
Sigh.
Do you think this sounds like mental masturbation again?
Do you think this sounds like mental masturbation again?
7:26 pm
What else do u expect him to say?
We are not a state of usa but a slave state of use. In usa, most people live in big FH houses and have cars. In this small island, most people live in small 99yr flats and have bikes.
Actually, every big companies also corrupted one lah. Just a matter of whether they are being found out and whether they are being pursued and how.
“Integrity is one of Keppel’s core values. We do not and will not tolerate any illegal activity in the conduct of our business. We regret and are deeply disappointed by the actions that we now know to have taken place at the Group’s offshore and marine business in Brazil from around 2001 to 2014.
Global companies such as Keppel have both a legal and moral duty to operate fully within international laws and regulations. Any perception that illegal payments can be condoned, if they are made by agents, is wrong and will not be tolerated.
Since the allegations emerged, we have moved quickly and decisively to put in place stricter controls and embedded best practices across the Group to ensure that such unacceptable behavior will not be repeated.”
The facts revealed so are:
1. Jeffrey Chow, 59, a former senior member of Keppel O&M's legal department, cut a deal with prosecutors, and pleaded guilty on Aug 29 to conspiring to violate the Foreign Corrupt Practices Act, and admitted to drafting contracts that were used to make bribe payments.
2. He had drafted contracts with a Keppel agent in Brazil who he realised was being overpaid by millions of dollars so he could bribe Brazilian officials.
3. Jeffrey Chow, a US citizen, has a residence in Singapore and had worked for Keppel for more than 25 years.
4. The shady deals jave been going on from 2001 to 2014. During all these 13 years, can anyone believe that the Board of Directors of Keppel have been sleeping on their collective and individual responsibilities and knew nothing about the movements of hundreds of millions of dollars being paid as bribes? Who signed to authorise these transactions? Board of Directors' meetings over the last 13 to 16 years have never reported any movement of huge sims of money overseas, through third parties?
Come on, intelligent people cannot be easily fooled, can they?
Actually they are all so stupid. One to bribe must not be too obvious lah. Learn from the angmo. They are so good in it.
How come the auditors are all sleeping?
FATCA is another US law where the rest of the world has to administer this law for the benefit of the US.
Now only financial punishments for these errant staff.
Corruptions are corruptions.Sinkie land two sets of laws.
Any Sinkies who even consumed drugs overseas or even other crimes are subjected to SINKIE laws even though they committed them overseas.
But this is SINKIE land organization and yet only financial punishments.
Previously two sway SINKIE students graduated from Aussie Unis and back to Singapore.
Went to Matland for holidays and back to SINKIE land. At check points was stopped for urine tests and failed.
Consumed drugs in Auss land before coming home. Also behind bars.
You committed underaged sex overseas and be charged in Singapore.
ShameMugan Will tell you NOT to pressurized the Court with your kpkb as these are preferred people.
We are in the mud with them.
The China Tour guide in Hainan Tau if ever see me again will spilt at me. Before he told me I had Great Respects for your government in.upholding the laws.
Pui! ! Even caned Michael Fay.
Yet SINKIE land Leaders proudly proclaimed We Are Corruption Free. See the SMRT management even sleeping with their own employees setting up bogus companies to cheat them.
These can happened during the Executioner's time?? Few dared to try!
GKS and HSS would not allowed these nonsense.
Heads will rolled. This AqUa PeeAyam is really useless.
What's happened to the AMK GRC corruptions case??
Only can harped at Aljunied WP Trivial case.
Uncle Leong as Long time Public Accountant even challenged them to bring case to court.
Not Courts Furnitures please.
I think from this Keppel Corruption Case (giving $50 million bribes to gain contract with a profit of $350 million) for over 13 years (2001 to 2014), there are probably many other cases over the last 20 years.
Also what about other companies under Temasek Holdings?
How many of them could probably have been practicing the same method of getting contracts by giving bribes over the last 20 years, since Ho Ching took over as Executve Chairman and CEO (dual-power posts)?
Looks like giving bribes to get contracts has been the main modus operandi not only in Keppel. Could also have happened in NOL? SG Technology? SIA? DBS? Etc.???
I have now begin to suspect so. Most probably I am correct. But how can we ever know the Truth?
Unless there are insiders willing to leak out information to the public. But if they are well taken care of with monetary rewards, why should they want to whistle-blow?
Obviously, the Daft Sinkies are the losers!.
Smart Sinkies and Smart Elites cover one another's ass and pay themselves by the millions and enjoy good life, owning multiple properties locally and overseas.
Daft Sinkies will never find out the truth but can only suck their own thumbs and kpkb without any result.
Daft Sinkies have no money, no status and no power. They don't even have a strong opposition party to turn to.
So the only way is to resign to their fate of being exploited workers and obedient taxpayers.
Every single dollar they ever earned is being taken by the Blood-Sucking PAPer General's Gobblement thru Inland Revenue, CPF Board, ERA, HDB, PUB, Sg Power, Temasek Holdings, Singtel, Starhub, M1, SMRT, SIA, Changi Airport, ICA, LTA, ERP Gantries, COE Ransom, Medishield Life Ransom, Parking Fees, Parking Fines, Childcare centres operated by PAP and NTUC, MOE's schools, polytechnics, colleges, universities, MOH's polyclinics, hospitals, soecialists centers, children vaccinations, etc...
It would be great fortune if Singapore is a state of US, at least Trump promised to make us great again, unlike the wimpy clown who declared the place for everybody.
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