Regarding the previous management’s corruption issues of SOE's (STELCO, WAMCO, FENAKA and RDC) and the action taken by the new management to mitigate those risks.

Summary

1. State Electric Company Limited The former management of The State Electric Company Limited (STELCO) agreed to pay $7,888,165.97 as compensation to Dongfang Electric International Corporation (DEC) of China on September 14, 2023. The committee decided to give future recommendations to the Anti-Corruption Commission and State Electric Company Limited on this matter.

Current Progress

27 Nov 2024 - Ongoing