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Brazilian prosecutor to withhold payments to SBM Offshore

Dutch firm SBM Offshore is still dealing with the aftermath of a protracted bribery case, working with the Brazilian authorities to find a solution. Now the prosecutor will go after payments, says the company.

Photo: SBM Offshore

A preliminary decision by a federal judge in Rio de Janeiro, Brazil, has caught the attention of Dutch offshore firm SBM offshore. According to a press release from SBM, the judge has partially granted the request for a provisional measure.

The case goes back to 2012 and several years before that, when SBM was involved in international bribery cases spanning several continents. In the US, the company chose to plead guilty and pay a USD 238 million fine.

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