Three witnesses questioned over failed Twin Towers bid

The three people called in for questioning include two Department of Rapid Transit Systems (DORTS, 捷運局) officials surnamed Juang (莊) and Chen (陳), and a staff member of Fubon Bank (富邦銀行) surnamed Hong (洪), who explained the circumstances of the botched bidding process, according to prosecutors.

Prosecutors are investigating the proof-of-funds-transfer document, to verify the possibility of intended forgery, and determine the legal consequences of the action.

Former forerunning bidder of the development, the Taipei Gateway International Development Co. Ltd. (TGID, 太極雙星), had sent in two documents claiming that the required funds of NT$1.93 billion were transferred on Feb. 20, and will be available on the following day according to prosecutors. Shortly after, the DORTS made an announcement that the bid was to continue as planned, with the bid ultimately ending in failure, said the prosecutors.

The documents were found to be nothing more than notices informing of the intent to initiate the transfer of funds, and not a receipt confirming the completion of the wire.

The prosecutors indicated that they are now attempting to make sense of the incident, and determine the reason for the DORTS' complete confidence in TGID based on the two documents, and whether the DORTS had negotiated alternative terms with TGID.

Meanwhile, Commissioner Chiu Da-chan (邱大展) of the Taipei City Finance Department yesterday stated his intention to sue ERACOM and the Liberty Times for libel, citing the two media outlets' reports of his alleged close ties with TGID.

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