Financial Times FT.com

Taiwan accuses shipping staff of fraud

By Robin Kwong in Taipei

Published: June 18 2009 07:07 | Last updated: June 19 2009 01:17

Staff of several of the world’s largest shipping lines have been indicted by prosecutors in Taiwan for allegedly inflating cargo figures fraudulently to claim government incentives.

The 46 people indicted include officials from Evergreen Marine, which operates the world’s fourth biggest container ship fleet; local rivals Wan Hai and Yangming Marine; APL, a unit of Singapore’s Neptune Orient Lines; the local logistics unit of Japan’s Nippon Yusen; and Shieh Ming-hui, director-general of the Kaoh­siung harbour bureau.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this