S’pore angle in major UK corruption case?

In Airlines on 23/01/2017 at 5:06 am

Rolls-Royce admitted last week a series of bribery and corruption offences around the world (some going back decades) as part of a £671m settlement with the UK, US and Brazilian authorities. In SE Asia, Garuda, AirAsia and Thai executives at the time have been implicated. In Indonesis, the govt has announced an investigation against previous management.

So it is interesting to read in today’s FT that

Singapore’s Corrupt Practices Investigations Bureau said that it was “working closely with the relevant authorities” in connection with the investigation into Rolls-Royce.

Does this mean SIA executives are being investigated?

Get in the case Terry’s Online Channel.

  1. I’m pretty certain the SQ team are clean. There is a prominent Singaporean on the RR board. Let’s hope the corruption was before his time.

  2. SIA is just small fry. In 2007 RR was keystone investor in Seletar Aerospace Hub — involving EDB, MTI, SLA, JTC.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: