
– Delays in the delivery of railroad cars continued for several years, resulting in non-payment of up to three years.
– Even though delivery was delayed, more than half (about 60%) of the contract amount was received as advance payment, causing controversy over the excessive advance payment structure. (There is even talk of building a headquarters building with an advance payment)
– Suspicions are being raised that production was halted or delayed even after receiving advance payment, and some are saying that the government and public institutions “seem to have been defrauded.”
It fell 35% in two days following strong criticism from the president.