China News Service, August 11. According to Hong Kong's "Ta Kung Pao" news, a fraudulent loan case broke out in the Taiwan Navy's self-building minehunting ship plan. Chen Qingnan, chairman of the contractor Qingfu Shipbuilding Company, and his son were interviewed by the prosecutor on the 9th. After an overnight interrogation, they paid bail and left in the early morning of the 10th. Qingfu Group issued a statement on the same day saying that the manufacturing progress of the minehunting ship will not be affected and the company is operating normally.
The picture shows the mine hunting hull. Image source: Taiwan China Times Electronic News.
Qingfu Shipbuilding Company won the bid for the naval minehunting ship procurement project on October 23, 2014, with a budget of more than 35.29 billion yuan (NTD, the same below). Chen Qingnan serves as the chairman of Qingfu Shipbuilding, and his second son Chen Weizhi serves as the vice chairman.
The Kaohsiung District Prosecutor's Office received a report that Qingfu Shipbuilding was suspected of false capital increase and fraudulent loans, and immediately formed a special team to investigate. The prosecutor found that after Qingfu Shipbuilding won the minehunter procurement case, it was suspected of registering false capital changes four times from November 2014 to May 2016, and was suspected of registering false capital changes four times from March 2015 to November 2016. , established multiple overseas shell companies, used Qingfu Shipbuilding to purchase false contracts or commercial invoices for equipment required for building ships from four overseas shell companies, and obtained fraudulent loans from banks. The total amount of fraudulent loans was initially estimated to be 20.5 billion yuan (approximately HK$5.1 billion).
Prosecutors conducted an interrogation overnight on the 9th. Chen Qingnan and his son confessed to fraudulent loans and confessed that they took this step to make up for the gap in capital turnover. The prosecutor believed that Chen Qingnan and his son were suspected of violating the "Banking Law", "Company Law", "Commercial Accounting Law" and other crimes, and the suspicions were serious. They ordered bails of 8 million yuan and 5 million yuan respectively. The flow and use of fraudulent loan funds will be investigated in depth. So far in this case, the evidence shows that Qingfu only used false documents to obtain fraudulent loans from banks, and no illegality in the navy's tender has been found. Qingfu Group pointed out that the current investigation process has no impact on the implementation progress of the minehunting ship project plan.
