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Judge named to head trial of ex-president in financial reform scandal

A three-judge panel led by Chou Chan-chun will preside over the upcoming trial of Chen

Judge named to head trial of ex-president in financial reform scandal

A three-judge panel led by Chou Chan-chun will preside over the upcoming trial of former President Chen Shui-bian and his family in connection with corruption scandals surrounding the country's second round of financial reforms, the Taipei District Court decided yesterday.
The decision was made through a drawing of lots. The other two judges on the panel are Lin Po-hung and Ho Chiao-mei.
On Dec. 24, the district court indicted Chen, his wife Wu Shu-jen, their daughter Chen Hsing-yu and son Chen Chih-chung on charges of corruption, money laundering and forgery for manipulating the financial reforms in favor of certain business groups.
NT$610m bribery
According to the indictment, the first couple took bribes totaling NT$610 million from the Cathay and Yuanta financial groups to facilitate the groups' acquisitions of other Taiwanese banks to form new financial holdings companies.
Others on the indictment list include Chen Chih-chung's wife Huang Jui-ching, Wu Shu-jen's elder brother Wu Ching-mao, Wu Ching-mao's wife Chen Chun-ying, and Yuanta Group founder Rudy Ma.
The latest indictment to date came three months after the former first couple was given life sentences by the district court after being found guilty of corruption, forgery and money-laundering for embezzling from a special Presidential Office discretionary fund, taking bribes from business owners, and secretly stashing some of the funds overseas.
On Sept. 22, the former president was also indicted for embezzling funds under the guise of "secret diplomacy spending."


Updated : 2020-12-03 19:08 GMT+08:00