The company has been accused of forcing its subcontractors to start work without prior notification about the values of the contracts. It also asked its subcontractors to cut prices by 10% in 2016.

Hyundai Heavy is accused of forcing its subcontractors to start works without prior notification about the values of the contracts between 2014 and 2018, the Fair Trade Commission said in a statement.

The Fair Trade Commission criticized Hyundai Heavy for concealing evidence by replacing 273 hard disk drives in October 2018, shortly before the regulator launched a probe into the shipping conglomerate.

Maritime Business World