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Seatrium avoids prosecution in Brazilian corruption case with $110m settlement
April 27, 2026
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Posted 3 hours ago by
Singapore-listed offshore and marine group Seatrium has avoided criminal prosecution after the High Court approved a deferred prosecution agreement (DPA) tied to Brazil’s long-running Operation Car Wash corruption probe. The agreement, signed with Singapore’s Public Prosecutor in July 2025, was formally approved this month with no changes to its terms.

Under the deal, Seatrium will
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