Seatrium’s involvement in a bribery scandal is back in the news, but that’s not its biggest problem

Seatrium’s involvement in a bribery scandal is back in the news, but that’s not its biggest problem

March 31, 2024 / Riah Marton /


THE market may not react well in coming weeks to further news about the two former executives of Seatrium who have been charged with corruption offences related to a decade-old bribery scandal in Brazil.

Yet, the bigger risk for shareholders of the offshore engineering company might be their expectations of the company’s growth prospects; and the imminent 20-to-1 consolidation of its shares.

On Thursday (Mar 28),…

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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