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The Republic of Singapore is generally perceived as one of the least corrupt countries in the world. Cases are mostly handled by the Singapore Corrupt Practices Investigation Bureau (CPIB), a government agency in Singapore that investigates and prosecutes corruption in the public and private sectors. [1]
Anti-Corruption Forum. Nine government organizations from eight countries shared information and experiences and discuss cooperation and exchanges on corruption prevention and anti-corruption policies at the 7th Anti-Corruption Agency (ACA) Forum held on September 2 and 3, 2013 in Seoul, South Korea.
Enacted on 17 June 1960, the Prevention of Corruption Act (PCA) is the primary anti-corruption law in Singapore. The following are provided for under the PCA: [7] Powers for the CPIB to investigate bribery in all forms, both monetary and non-monetary in nature, and in both the public and private sectors;
Puma Energy is a Swiss multinational mid- and downstream oil company, majority-owned by Singapore-incorporated Swiss company Trafigura. [1]Its operations span around 40 countries across five continents and encompass the supply, storage, refining, distribution, and retail of a range of petroleum products.
Pumangol is a network of gas stations and airport and marine fuel terminals formerly belonging to Swiss oil company Puma Energy. Sonangol acquired Pumangol and other assets in April 2021 when it sold its stake in Puma Energy to Trafigura in April 2021 for US$ 600 million, then purchased Puma's assets in Angola, including Pumangol, for the same ...
In May 2020, Summit Group received US$140 million from Clifford Capital Pte Ltd and Sumitomo Mitsui Banking Corporation for the Summit Gazipur II Power Plant. [30] Summit established the Hamiduzzaman Sculpture Park in its Gazipur powerplant. [31] In 2022, the chairman of Summit, Aziz Khan, was the 42nd richest man in Singapore. [32]
A Chinese court sentenced the former head of one of the country's three major state-owned phone carriers to 16 years in prison Tuesday on charges of accepting bribes and abusing his authority ...
In September 2013, a subsidiary of the company, ship support contractor Glenn Defense Marine Asia (GDMA), became the central public focus of an ongoing investigation into a corruption scandal within the US Navy. [3] [4] [5] In 2010, Navy officials became suspicious that some of the bills submitted by the GDMA company from Thailand were padded. [6]