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Ex-president indicted for money laundering

Ex-president indicted for money laundering

Taipei, Jan. 23 (CNA) Former President Chen Shui-bian (???) was indicted on money laundering charges Friday, less than three weeks after being released on medical parole from a prison where he was already serving a lengthy sentence for corruption. In its indictment, the Taipei District Prosecutors Office alleged that after Chen took a bribe of NT$10 million (US$319,000) from Diana Chen (???) to help her become chairwoman of Taipei 101, the president laundered the money. Chen Shui-bian was found guilty of taking the bribe by the Supreme Court in November 2010 and was sentenced to eight years in prison. There had been allegations that he laundered the NT$10 million with his wife to keep the money under wraps, but prosecutors did not file an indictment until Friday after an investigation. As of early Friday afternoon, prosecutors had yet to make public all or part of the indictment or provide any specifics on what convinced them that Chen Shui-bian had laundered money. Chen Shui-bian was released from Taichung Prison on Jan. 5 on medical parole after he was diagnosed as suffering from multiple ailments. He was sentenced to a total of 20 years in prison and fined NT$250 million in a series of corruption cases that surfaced shortly after his second term ended in May 2008. He began serving his sentence on Nov. 11, 2010, but he had been detained for nearly two years prior to that while prosecutors were investigating and prosecuting the cases. (By Tsai Pei-chi and Elizabeth Hsu)


Updated : 2021-09-21 16:29 GMT+08:00