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The Philippines probes alleged bid-rigging in flood control projects involving multiple contractors and officials, with potential fines up to P300 billion.
The Philippine Competition Commission has launched a preliminary inquiry into alleged bid-rigging in flood control projects, prompted by a complaint from the Department of Public Works and Highways.
The probe involves multiple contractors, including Discaya-linked firms, and officials from DPWH offices in Bulacan and Mimaropa, with evidence pointing to collusion, kickbacks, and substandard work.
The PCC is reviewing bid documents, audit reports, and testimony from former officials.
If found guilty, entities could face fines up to P250 million per offense, with potential total penalties reaching P300 billion.
All contracts of the involved Discaya firms have been terminated, and their licenses revoked.
The inquiry is ongoing, with no final decisions yet made.
Filipinas investiga la supuesta manipulación de licitaciones en proyectos de control de inundaciones que involucran a múltiples contratistas y funcionarios, con posibles multas de hasta P300 mil millones.