Alleged Misappropriation of Funds in High-Speed Rail Project: Taiwan High Speed Rail Responds to Accusations

Reported about 1 year ago

A complaint was raised on June 18, 2024, alleging that high-speed rail executives were favoring contractors, ignoring construction flaws that could affect train maintenance and endanger passengers. Concerns were raised about the quality of contractor's work, with accusations of executives prioritizing personal connections over safety standards. Taiwan High Speed Rail responded by stating that all project assessments and inspections are conducted by external supervision, and any payments are made in accordance with the contract terms and after proper verification. The company also defended recent organizational adjustments as measures to enhance operational efficiency and not directly related to the accusations, warning of legal action against any false allegations affecting the company's reputation.

Source: YAHOO

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