“99% conviction rate for corruption cases highest in 3 years, dip in graft-related complaints: CPIB” (Today, Apr 29)
“CPIB was previously in the spotlight due to the Keppel Offshore and Marine corruption case, in which it was unable to prosecute six former executives who allegedly paid US$55 million (S$74 million) in bribes to officials of Brazilian state-owned oil giant Petrobras. All six were given stern warnings by CPIB.”
Comment:
Here’s a layman’s simplistic statistical question – If fewer cases are prosecuted, like the Keppel case – does it mean that the conviction rate, may mathematically be likely to be higher?