Boustead Heavy Industries Corporation
Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2005
PSC-Naval Dockyard governance and delivery controversy
Malaysia’s Public Accounts Committee raised serious concerns about the predecessor naval dockyard’s management, the delayed patrol-vessel programme and its financial condition. Reports cited unpaid subcontractors and unpaid statutory contributions after employee deductions. The controversy prompted government intervention and a reorganisation that led to the formation and expansion of BHIC’s naval-business structure.