Report
ICBC reportedly involved in financing Melbourne’s $11 billion rail tunnel project
ICIJ says a confidential report shows Chinese lenders knew of delays months before the Victorian auditor-general informed the public.
TLDR
ICIJ, citing records examined by its media partner the Australian Financial Review, reports that ICBC was involved in financing an $11 billion rail tunnel development in Melbourne. ICIJ says a confidential report shows Chinese lenders were told construction was behind schedule months before the Victorian auditor-general informed the public.
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