Taipei Times
Date: Nov 16, 2017
By: Su Fang-ho and Jonathan Chin / Staff reporter, with staff writer
Deputy Chief of Staff Chen Pao-yu (陳寶餘) yesterday denied allegations that the military
Deputy Chief of Staff Chen Pao-yu, right, and Navy Command Headquarters Chief of Staff Hu Chia-sheng yesterday participate in a question-and-answer session at the Legislative Yuan in Taipei. Photo: Huang Yao-cheng, Taipei Times
had fabricated financial reports in connection to Ching Fu Shipbuilding Co (慶富造船), vowing to resign if any officer is found guilty of wrongdoing.
Chen made the remarks during a heated exchange with Chinese Nationalist Party (KMT) Legislator William Tseng (曾銘宗) at a question-and-answer session at the Legislative Yuan’s Internal Administration Committee.
The shipbuilder was contracted to build minesweepers for the navy and is under criminal investigation for allegedly taking out fraudulent loans from a consortium of state-owned banks.
Ching Fu’s top executives told Kaohsiung Marine Bureau Director-General Wang Tuan-jen (王端仁) on Oct. 7 last year that the shipbuilder obtained payments for hull casting ahead of schedule after lobbying the Presidential Office, KMT lawmakers said.
[FULL STORY]
