The Taiwan High Court yesterday rejected the appeal of Chao Chien-ming (
Chao Chien-ming's sentence was lengthened by 12 months to seven years imprisonment. Chao Yu-chu received a 14-month addition to his sentence, meaning he must now serve nine years and six months.
The Chaos were appealing their convictions last December by the Taipei District Court in connection with the Taiwan Development Corp (TDC) scandal and other deals.
PHOTO: LIAO CHEN-HUEI, TAIPEI TIMES
Chao Chien-ming's defense attorney Chen Feng-fu (
Both the Chaos and prosecutors had appealed the District Court's decision to the Taiwan High Court. The prosecutors appealed because they believed the defendants had made more illegal profits than the district court had ruled on and should therefore receive heavier sentences.
Taiwan High Court spokesman Wen Yao-yuan (
The High Court also decided that all the money the Chous made through insider trading should be accounted for. Wen said the court decided that the pair should be responsible for the money they made illegally as well as the money their accomplices made.
While the district court had decided that Chao and his father had made a total of NT$4.27 million illegally, the High Court decided that the Chaos and two codefendants, former Taiwan Development Corp chairman Su Teh-jien (蘇德建) and businessman Yu Shih-yi (游世一), had made more than NT$100 million through insider trading of TDC shares, Wen said.
He said the Securities Transaction Law (證券交易法) states that a person should receive a longer sentence if he or she made more than NT$100 million in an illegal deal.
The elder Chao's sentence also included his violation for embezzlement of public funds.
He embezzled NT$11 million from Eslite Books chairman Robert Wu (吳清友), who had deposited the sum into one of Chao Yu-chu's bank accounts as a donation to the Taiwan Table Tennis Association, which the senior Chao headed.
Su was sentenced to seven years and six months in jail while Yu was sentenced to seven years and two months in jail. Yu was also fined NT$60 million.
The TDC scandal revolved around two 2005 dinners at a Japanese restaurant in Taipei.
Su, Chang Hwa Commercial Bank chairman Chang Po-shin (張伯欣), bank president Chen Chen-chao (陳辰昭), Yu and Chao Chien-ming were all at the dinners.
It is believed that confidential information about TDC was discussed on both occasions.
First daughter Chen Hsing-yu (
She told reporters camped outside her office that she respected the judiciary and would file an appeal for her husband.
sorry
Democratic Progressive Party Legislator Huang Wei-cher (
Huang was referring to Chao Chien-ming's volunteer work as an orthopedist at Tainan's Sin Lau Hospital since March 1.
Chao Chien-ming began working there after his application to resume his job at National Taiwan University Hospital's orthopedics department was rejected.
People First Party Legislator Liu Wen-hsiung (
"The ruling party should come up with concrete measures to salvage the confidence of the public in the government," Liu said.
The first family bears a moral responsibility ... President Chen should advise Chao Chien-ming against appealing further," Liu said.
new trial?
Liu said the chances of another trial clearing Chao Chien-ming were low and an appeal would just be a waste of judicial resources.
Chinese Nationalist Party (KMT) Legislator Kuo Su-chun (郭素春) said the heavier sentences meant that Chao Chien-ming had been proved guilty beyond a shadow of a doubt.
Kuo hailed yesterday's ruling, saying that judges handling the first lady's case should confront the mighty as the judges in this case had done.
Additional reporting by Shih Hsiu-chuan, Flora Wang
and Ko Shu-ling
AIR SUPPORT: The Ministry of National Defense thanked the US for the delivery, adding that it was an indicator of the White House’s commitment to the Taiwan Relations Act Deputy Minister of National Defense Po Horng-huei (柏鴻輝) and Representative to the US Alexander Yui on Friday attended a delivery ceremony for the first of Taiwan’s long-awaited 66 F-16C/D Block 70 jets at a Lockheed Martin Corp factory in Greenville, South Carolina. “We are so proud to be the global home of the F-16 and to support Taiwan’s air defense capabilities,” US Representative William Timmons wrote on X, alongside a photograph of Taiwanese and US officials at the event. The F-16C/D Block 70 jets Taiwan ordered have the same capabilities as aircraft that had been upgraded to F-16Vs. The batch of Lockheed Martin
GRIDLOCK: The National Fire Agency’s Special Search and Rescue team is on standby to travel to the countries to help out with the rescue effort A powerful earthquake rocked Myanmar and neighboring Thailand yesterday, killing at least three people in Bangkok and burying dozens when a high-rise building under construction collapsed. Footage shared on social media from Myanmar’s second-largest city showed widespread destruction, raising fears that many were trapped under the rubble or killed. The magnitude 7.7 earthquake, with an epicenter near Mandalay in Myanmar, struck at midday and was followed by a strong magnitude 6.4 aftershock. The extent of death, injury and destruction — especially in Myanmar, which is embroiled in a civil war and where information is tightly controlled at the best of times —
China's military today said it began joint army, navy and rocket force exercises around Taiwan to "serve as a stern warning and powerful deterrent against Taiwanese independence," calling President William Lai (賴清德) a "parasite." The exercises come after Lai called Beijing a "foreign hostile force" last month. More than 10 Chinese military ships approached close to Taiwan's 24 nautical mile (44.4km) contiguous zone this morning and Taiwan sent its own warships to respond, two senior Taiwanese officials said. Taiwan has not yet detected any live fire by the Chinese military so far, one of the officials said. The drills took place after US Secretary
THUGGISH BEHAVIOR: Encouraging people to report independence supporters is another intimidation tactic that threatens cross-strait peace, the state department said China setting up an online system for reporting “Taiwanese independence” advocates is an “irresponsible and reprehensible” act, a US government spokesperson said on Friday. “China’s call for private individuals to report on alleged ‘persecution or suppression’ by supposed ‘Taiwan independence henchmen and accomplices’ is irresponsible and reprehensible,” an unnamed US Department of State spokesperson told the Central News Agency in an e-mail. The move is part of Beijing’s “intimidation campaign” against Taiwan and its supporters, and is “threatening free speech around the world, destabilizing the Indo-Pacific region, and deliberately eroding the cross-strait status quo,” the spokesperson said. The Chinese Communist Party’s “threats
RSS