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CHINA TELECOM Former Employee Files Real-Name Allegations Against Multiple Executives Over Suspected Irregular Acquisition of RMB38M in Fiscal Funds
2026-10-05 14:22:21 A former employee surnamed Zheng of CHINA TELECOM (00728.HK) filed real-name allegations against multiple senior executives of the company, claiming that the "National Industrial Internet Big Data Center" project involved bid rigging, collusive tendering and falsified contracts, allegedly resulting in the irregular acquisition of RMB38 million in fiscal funds. As of now, authorities have not announced investigation results, while CHINA TELECOM has not responded. ~ AASTOCKS Financial News Website: www.aastocks.com | |