By Jason Pan / Staff reporterThe Control Yuan yesterday impeached two former top naval commanders, retired admirals Chen Yeong-kang (陳永康) and Pu Tze-chun (蒲澤春), and two government officials for their roles in the procurement of minesweepers from Ching Fu Shipbuilding Co (慶富造船). The Control Yuan has forwarded the cases to the Judicial Yuan’s Public Functionary Disciplinary Sanction Commission, which is to decide on punishment. The minesweeper project, which Ching Fu won over a rival bid by CSBC Corp Taiwan (台船), ultimately failed following a spate of financial irregularities and fraudulent bank loan applications. “Ching Fu had insufficient capital for the project, but it used questionable means and fraudulent loans to present a sound financial standing, which was not endorsed by a certified accounting firm. This led to the ultimate failure of the project, for which the two admirals must bear main responsibility,” the Control Yuan said.

Source: Taipei Times February 01, 2019 15:56 UTC