Alleged Misappropriation of Funds in High-Speed Rail Project: Guo Beihong Lacks Accountability and Demands Payment, High-Speed Rail Criticized for Favoritism and Cover-up

Reported 8 months ago

Allegations have arisen regarding the construction of Taiwan's high-speed rail project, involving the Hongsheng Construction Company failing to obtain project funds due to poor quality and lack of approval for their project plan. Despite this, the company reportedly received over 200 million NT dollars after a controversial meeting where Guo Beihong, the company's chairman, demanded payment. This incident has led to criticism of high-speed rail officials for prioritizing personal relationships over project quality, sparking discontent among employees. While the company denies any wrongdoing and insists on following contractual procedures, internal sources have expressed dissatisfaction with the handling of the situation.

Source: YAHOO

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