Reported 7 months ago
After Taiwan Salt's CEO Chen Shih-hui stepped down as acting chairman of Taiwan Green, he continued to serve as a director, exerting significant influence over Taiwan Green's operations. Mismanagement by the parent company led to huge losses in the green energy sector nurtured by the Ministry of Economic Affairs, including the subsidiary Taiwan Salt Green Energy suffering staggering losses due to improper management, with projects shelved, completed projects unpaid, and internal corruption. Furthermore, there were leaks from internal staff to legislator Huang Kuo-chang, complicating personnel matters, while legal actions have been taken against former executives for breach of trust, and the mishandling of the green energy industry has raised concerns. Attempts are now being made to stop the financial hemorrhage at Taiwan Green.
Source: YAHOO