SHI faces $250m lawsuit from Petrobras
The fallout from corruption and bribery scandals that have ravaged Brazilian behemoth Petrobras continues, this time targeting one of South Korea’s most significant shipbuilders. Petrobras has filed a lawsuit in the US alleging it paid out more than $250m resulting from actions by Samsung Heavy Industries. SHI will reportedly counter the allegations
The Brazilian oil giant claims Samsung paid $20m in bribes for a drillship contract
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