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Two Singapore construction firms were fined $4.6M for rigging bids on community club projects.
Two Singapore construction firms, Trust-Build Engineering & Construction and Hunan Fengtian Construction Group, were fined a total of $4.6 million for rigging bids on community club upgrade projects.
The Competition and Consumer Commission of Singapore found the companies colluded to ensure Trust-Build would win the tenders, which totaled around $42 million.
The CCCS emphasized the importance of fair competition, stating that bid-rigging harms taxpayers.
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Dos empresas de construcción de Singapur fueron multadas con 4.6 millones de dólares por manipular ofertas en proyectos de clubes comunitarios.