|
Fri, 11 Jul, 2014 02:45:14 AM Bribery allegations against Helsinki City official FTimes-STT Report, July 11
Construction Company YIT on Thursday has denied the allegation of its involvement in payment of undeclared salaries.
The YIT has also condemned the alleged criminal offences and has stressed that they have been collaborating with the authorities.
The company also stressed that its management has not been implicated in the suspected crimes.
According to a Finnish language newspaper Helsinki Sanomat, the bribery suspects involved in the scandal that has hit the construction industry and claimed that illegal payment is a normal practice within YIT.
The newspaper's information is based on the information obtained from preliminary investigation.
The police suspect a project manager at the City of Helsinki Public Works Department of receiving a substantial amount of money in bribes.
According to the police, the money came from unjustifiable invoices and could rise up to 500,000 euros.
It is suspected that the project manager received a substantial amount of money out of this figure.
The kickbacks, according to the police, are related to seven different construction contracts in Helsinki from 2003 to 2011.
Although the main contractors have not been the same in the seven investigated cases, the pattern has remained the same, according to Siltamäki.
The sub-contractors are suspected of issuing unjustifiable invoices according to the instruction from the main contractor.
The main contractor then pays the amount issued in the invoices.
The subcontractors then withdrew money, some of which is suspected to have ended directly to the pocket of the project manager.
Afterwards, the construction work manager together with Public Works Department manager is suspected of issuing the invoices to the Public Works Department for approval.
More News
|
|
Finland Times
| Saturday, 27 April, 2024 |
|
Copyright © 2024 All rights reserved
|
||||
