The Commission Against Corruption (CCAC) has announced that it will investigate loans worth 212 million patacas granted by the Macau government about a decade ago to the now defunct local airline Viva Macau.
The city’s graft busters will probe the loans, which were granted in several instalments in 2008-09, at the request of the Industrial and Commercial Development Fund (FDIC) of the Economic Services Bureau (DSE), according to a CCAC statement issued on Friday.
The loans, which were never repaid, were guaranteed by Hong Kong-based Eagle Airways.
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