Wed, Jun 27, 2012 - Page 4 News List

Probe into CPC contracts yields more suspect deals

RIGGING ALLEGATIONS:The anti-corruption agency and prosecutors raided several of the state-run firm’s offices in connection with a suspicious contract

By Rich Chang  /  Staff reporter

Kaohsiung prosecutors and the Agency Against Corruption yesterday extended their probe into illegal bids held by state-run oil refiner CPC Corp Taiwan’s (CPC) Talin refinery by raiding several of its offices and questioning a number of CPC officials and contractors.

Investigators raided 16 locations, including the Talin refinery offices in Greater Kaohsiung, and summoned 16 people for questioning.

A number of documents and computer data were seized during the searches, the investigators added.

Investigators said they suspected a bid for an oil tank cleaning system in 2008 held by the Talin refinery was rigged and that it had illegally granted a Tainan contractor nearly NT$10 million (US$330,000) in profit.

Two Talin refinery managers, Ko Kuang-ming (柯光明) and Liu Wei-chen (劉偉禎), were questioned by investigators along with several contractors.

The interviews were ongoing as of press time last night.

Company chairman Chu Shao-hua (朱少華) is being investigated over a suspicious relationship with the private contractor who won an oil leak monitoring system bid at the Talin Refinery in 2006.

Investigators suspect that Chu helped a Kaohsiung contractor secure a contract for an oil leak monitoring system worth US$400,000, but only spent US$150,000 procuring the system from a US company and allegedly made a large illicit profit from the deal.

This story has been viewed 1690 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top