Seatrium avoids prosecution as High Court approves $140.3m settlement
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Seatrium Limited will avoid prosecution related to Brazil’s Operation Car Wash after the High Court approved its deferred prosecution agreement (DPA) with Singapore authorities. The company must pay a penalty of $140.3 million, with $67.6 million credited for payments made to Brazilian authorities, leaving $73.3 million payable to Singapore. The DPA was approved on April 24, 2025, and Seatrium has accounted for this payment in its FY2025 financial statements, expecting no material impact on its earnings for the year ending December 31, 2026.
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