Public Procurement Service requests prosecutions of three firms over alleged fraud
( December 29, 2015, 08:00 GMT | Insight) -- South Korea's Public Procurement Service has requested prosecutions for three procurement enterprises for allegedly perpetrating fraud when supplying products, Yonhap News reports. The PPS conducted an inspection of an apparent case of corruption in the in...South Korea’s Public Procurement Service has requested prosecutions for three procurement enterprises for allegedly perpetrating fraud when supplying products, Yonhap News reports. The PPS conducted an inspection of an apparent case of corruption in the industry from November and named three companies as having allegedly been involved. A company identified only as "A" was accused of supplying products different from those it was supposed to supply based on a contract. Company "B" apparently failed to assemble its products at the factory as had allegedly been guaranteed in a contract, but did so at a different site. Company "C" was suspected of supplying products that did not meet Korean industrial standards. ...
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