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flag Seatrium pays over $240 million to settle corruption charges in Brazil and Singapore.

flag Seatrium, a Singapore-based oil and gas firm, will pay over $240 million to Brazilian and Singaporean authorities to settle corruption charges. flag As part of a deferred prosecution agreement with Singapore, Seatrium agreed to pay $110 million, with up to $53 million potentially offsetting Brazilian fines. flag The company also signed a leniency agreement with Brazil regarding a major corruption probe. flag Seatrium must improve its ethics and compliance programs to avoid future issues.

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