Sunday, July 17, 2016

SBM Offshore arrange in brazilian corruption case – NU.nl

With the settlement, the case was closed for SBM Offshore, let the group know Saturday.

Dollar 149.2 million paid to Petrobras. Furthermore, given the Public Prosecutor and a financial supervisor every 6.68 million dollars. The latter contribution is intended to support the fight against corruption.

SBM was accused of paying bribes to managers of state-owned Petroleo Brasileiro (Petrobras) between 1996 and 2012. In exchange, would have gotten the subcontractor additional favorable conditions for contracts.



politicians

Many more companies would have done so business with Petrobras, which still belonged in 2008 among the top five largest companies in the world. Even politicians became embroiled in the huge scandal. Former President Luiz Inácio Lula da Silva and current President Dilma Rousseff were mentioned as possible involved.

It is important for the Dutch concern is that more can be done in the future with the Brazilian group. Petrobras is SBM is one of the most important customers.



Dutch OM

Earlier SBM Offshore already arranged for an amount equivalent to 111,000 euros with the Brazilian judiciary to redeem prosecution for chief executive Bruno Schabas and Mr Sietse Hepkema.

the Dutch Public Prosecutor was a settlement in which SBM $ 240 million (192 million euro) paid for illicit donations between 2007 and 2011. SBM made a total of $ 200 million to officials in Equatorial Guinea, Angola and Brazil.

By: NU.nl

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