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Now is in Wednesday 21 Feb 2018

Defense News


Regarding the Minehunter case, the Ministry affirms that any proceedings have duly been carried out abiding by law and contract. According to the two-party contract, the 1st deposit refund guarantee of the 3rd phase of this project is due today Nov. 28, 2017; however Ching-fu Shipbuilding Co. Ltd has not yet deferred the guaranteed refund date. The ministry has therefore confiscated the funds according to contract and requested that Ching-fu complete relevant deposit amends within 10 days and fulfill any remaining obligation stated within the contract. If Ching-fu Shipbuilding Co Ltd has not yet made amends according to the contract, the Ministry will void the contract and request compensation for all damages.