A former China Telecom Group employee reported to multiple executives with their real names, accusing them of defrauding 38 million yuan of financial funds.

📅 2026-10-05

Abstract:

According to news on October 5, today, Zheng, a former employee of China Telecom Group, made a real-name report against multiple executives of China Telecom. According to Zheng's public report, he once participated in the "National Industrial Internet Big Data Center" project, accusing the project of having problems such as organizing bid rigging and forging contracts, and involved illegally obtaining 38 million yuan in financial funds.

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Specific details include: a core software development project was "completed" in 13 days, but reported a workload of 33,779 man-days; four wholly-owned telecommunications subsidiaries internal bid rigging, procurement The budget amount was 35.0495 million, the winning bid amount was 35.04 million, and the consistency between the budget and the winning bid price reached 99.97%; 77 million self-raised supporting funds were widely falsified, and the methods of falsification included false contracts, falsely inflated purchases, book adjustments, false expense statements, etc., and the executives were fully aware of this. In addition, the accounts also contain problems such as the illegal diversion of funds, the promotion of responsible persons despite illness, and the two-way transfer of personnel benefits between government and enterprises and the Federation of Trade Unions.

Zheng said that his labor contract was unilaterally terminated in June 2026. As of press time, the official has not announced the results of the investigation, and China Telecom has not responded.

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