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MAS and CAD probing Seatrium under SFA over Operation Car Wash

The Edge Singapore
The Edge Singapore  • 1 min read
MAS and CAD probing Seatrium under SFA over Operation Car Wash
Photo: Seatrium
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Seatrium says that the Monetary Authority of Singapore and the Commercial Affairs Department have on June 14 requested for information as part of their joint investigation on the company.

The potential offences are in connection to the long-drawn bribery case in Brazil, dubbed Operation Car Wash.

According to Seatrium, the potential offences are committed by then Sembcorp Marine (SGX:S51) and its "officers" under the Securities and Futures Act.

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