News: Entries archive
06 January 2018
The current boards of directors of Keppel Corporation and its unit Keppel Offshore & Marine (KOM) have denied knowledge of the bribes that were paid in Brazil.
If this is the case, then the entire board should resign for dereliction of duty because overseeing a company's executives and their activities is precisely what board directors are supposed to do.
It beggar ... Read more »
04 January 2018
The court hearing for Dr Wong Souk Yee's application for a court declaration for a by-election to be held at the Marsiling-Yew Tee GRC has been switched to 22 January 2018. The date was originally fixed for 15 January.
With Mdm Halimah Yacob, formerly a Marsiling-Yew Tee MP, vacating her seat to become the President, it behooves the government to hold an election to repl ... Read more »
03 January 2018
The bribery scandal that has enveloped Keppel Offshore & Marine is another sign of a deteriorating situation involving corruption and the financial system in Singapore.
The incident involves 17 current and former Keppel employees holding senior positions within the company who had paid US$55 million in bribes over more than a decade to officials in Brazil to secure oil-rig contracts.
... Read more »
04 December 2017
The Indian news organisation NDTV has reported that Singapore has asked India to use Changi Naval Base for its warships.
The report says that the Indian navy “will be able to refuel, restock and, if needed, rearm at Singapore's latest naval base before continuing their m ... Read more »