As such, Seatrium will have to pay US$57 million or $76.5 million.
The Attorney-General’s Chambers (AGC) has agreed to enter into a deferred prosecution agreement (DPA) with Seatrium following the alleged corruption offences that occurred in Brazil.
Under the DPA, Seatrium is required to pay a financial penalty of US$110 million. Of the total sum, the AGC has agreed to credit up to US$53 million of the payments to the Brazilian authorities against the penalty.
