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 1405 times.
TOP top