China Petroleum says no funds paid to third parties

The 20-year contract secured by its unit Metro Parking Management Philippines Inc would also include the construction of an additional 208-bays of steel deck parking structure in MBP - a bustling business hub in the affluent suburb near Alabang Town Centre, one of Metro Manila

KUALA LUMPUR: China Petroleum Pipeline Engineering Co Ltd (CPP) has refuted reports about the allegations of payment of funds to third parties over its pipeline projects in Malaysia.

It said all funds from Export-Import Bank of China (EXIM Bank China) were only paid directly to its bank accounts.