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Suspected bidding collusion in collapsed SAO building construction contract

Suspected bidding collusion in collapsed SAO building construction contract

15 Sept 06:16 Key points summarised by AI
  • The Department of Special Investigation (DSI) will probe China Railway No. 10 (Thailand) for suspected bidding collusion in the 2.1-billion-baht contract for the collapsed State Audit Office (SAO) building.
  • The DSI will also investigate potential foreign control of the company, noting the bid price was only 1% below the median and the company's history of no profits or corporate taxes while extending large loans to board members.
  • Industry Minister revealed that sub-standard, deformed steel bars from the collapsed building originated from a factory closed in December last year, despite construction beginning in 2020.
  • The Industry Ministry is considering revoking the operating license of the factory that supplied the deficient steel bars, with initial tests confirming sub-standard properties in 20mm and 32mm bars.
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