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FTC raids Saibu Gas over bid-rigging suspicions.

TOKYO, Aug. 8 Kyodo

Fair Trade Commission officials Tuesday raided offices of Saibu Gas Co. and some other firms in Fukuoka Prefecture over suspected rigging of bids for government-subsidized natural gas station projects, informed sources said.

The other firms include the gas utility's Saibu Gas Engineering Co. unit and plant maker JFE Engineering Corp.

The search came two weeks after the antimonopoly watchdog inspected offices of some 20 other companies, including Tokyo Gas Co., Osaka Gas Co. and Toho Gas Co., over such bid-rigging suspicions.

The companies inspected Tuesday are suspected of having rigged bids for some 10 natural gas station construction projects over three years from fiscal 2002 to allow firms chosen through their pre-bidding consultations to win the contracts, the sources said. Contracts for these projects are estimated at some 1 billion yen.
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Publication:Japan Transportation Scan
Geographic Code:9JAPA
Date:Aug 14, 2006
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