#camc — Public Fediverse posts

#Nepal #Airport #Scandal Taints #BeltandRoad Image
"charge sheet alleges officials & #CAMC colluded to inflate costs, breach #procurement #laws & compromise construction quality.. raising airport’s approved cost estimate fr US$145mil to US$216mil “with malicious intent.” CAMC, listed on Shenzhen Stock Exchange, built the airport financed by #China’s #EximBank.. defendants incl CAMC chairman Wang Bo . as well as former 🇳🇵 #FinanceMinister Ram & 4 former tourism ministers"🤦‍♂️
https://www.asiasentinel.com/p/nepal-airport-scandal-taints-belt-road-initiative

#Chinabuilt #airport in #Nepal ‘littered with #corruption’
🤦‍♂️"parliamentary committee’s #investigation into #Pokhara airport found #China #CAMC Engineering, construction arm of SOE #Sinomach failed to pay taxes, didn't finish project to specifications & used #poorquality construction, all bec of corruption & lack of oversight.. airport was built w 20-yr loan fr e Export-Import Bank of China.. #corrupt #bureaucrats & #politicians involved in tis #scam must be punished" #BRI
https://www.bangkokpost.com/world/3006432/china-built-airport-in-nepal-littered-with-corruption

Booked a short stay at #camc #longleat just before Christmas. Heard some very good things about their festival of light events. Getting back out in the #caravan is long overdue