Printer Friendly

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.
COPYRIGHT 2006 Kyodo News International, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Japan Transportation Scan
Geographic Code:9JAPA
Date:Aug 14, 2006
Words:135
Previous Article:CORRECTED: 4TH LD: 7 injured as Turkish Airlines plane hit by turbulence.
Next Article:Denso to raise fuel pump production capacity at Kentucky factory.
Topics:


Related Articles
FTC raids firms for alleged incinerator bid-rigging.
5 firms reject FTC order on incinerator bid rigging.
FTC to accuse 11 oil firms of bid rigging.
Complaint filed against 11 oil firms over bid rigging.
FTC searches 30 construction firms suspected of bid-rigging.
3 gas utilities to begin selling cogeneration system in March.
11 firms won 80% of public sewage plant contracts, worth 100 bil. yen.
CORRECTED: 11 firms won 80% of public sewage plant contracts, worth 100 bil. yen.
Kyodo economic news summary -3-.
Kyodo economic news summary.

Terms of use | Privacy policy | Copyright © 2020 Farlex, Inc. | Feedback | For webmasters