Hyundai Engineering & Construction's investigation on suspicion of 'bidding collusion in Wirye Bokjeong station area'

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stockmk2020@alphabiz.co.kr | 2023-11-16 01:23:05

 

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] Suspicions arose that Hyundai Engineering & Construction colluded in a public offering for the development of the "Wirye New Town Bokjeong Station Area."

The Fair Trade Commission has launched a full-fledged investigation into the allegations.

The FTC recently sent an investigator to Hyundai Engineering & Construction to secure data on the Bokjeong station influence area development project and consortium.

Earlier, during a parliamentary audit of the National Policy Committee of the National Assembly, it was alleged that LH and Hyundai Engineering & Construction communicated in advance and signed a "trick private contract" disguised as a public offering.

In fact, the Hyundai Engineering & Construction Consortium was selected as the preferred bidder without competition.

The Fair Trade Commission, which reviewed the case after raising suspicions, conducted an on-site investigation to see if it was actually colluded.

 


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