Large-scale investigation launched into procurement scandal

0

More than 200 investigators led by 19 prosecutors have launched large-scale separate raids at locations across Taiwan as part of an ongoing probe of an alleged procurement scandal.

It’s believed contractors used Chinese-made spare parts when building eight-wheeled armoured vehicles, despite promising to use better-quality parts as stipulated by the contract.

The $4.8 billion deal for the manufacture of the vehicles was won by Chung Hsin Electric & Machinery.

Prosecutors searched the Procurement Office of the Defense Ministry and also Chung Hsin Electric & Machinery’s Taoyuan headquarters. Military personnel and civilians who are believed to be familiar with the project were questioned.

About Author

Procurement and Supply Australasia (PASA) is the leading provider of information and education to procurement and supply professionals throughout Australia and New Zealand. PASA supports the largest community of engaged procurement stakeholders in the region, through its renowned series of events, publications, awards, plus various community and network building activities. PASA is a trading name of BTTB Marketing, for many years recognised as the leading producer of conferences and events for the procurement profession in Australia and New Zealand. Whether producing under the BTTB, CIPSA Conferences or now PASA brands over the last ten years, our events have consistently led the market in terms of both educational and networking opportunities.

Leave A Reply