Seatrium Gets High Court Approval for Deferred Prosecution Agreement
SGX Filings
Apr 24
Seatrium (S51) announced on Apr, 24 2026 that Singapore’s High Court has approved its deferred prosecution agreement (DPA) tied to investigations under Operation Car Wash.
The DPA, signed on Jul, 30 2025, sets a financial penalty of 110.0 million US dollars. Up to 53.0 million US dollars already paid to Brazilian authorities can be credited, leaving 57.0 million US dollars—about 73.3 million Singapore dollars—payable to Singapore regulators.
Seatrium said it had made provisions for the payment in its FY2025 accounts and therefore expects no material impact on its net earnings or net tangible asset per share for the financial year ending Dec, 31 2026.
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