Taipei prosecutors said yesterday they suspected that Fubon Financial Holding Co chief investment officer Daniel Chiang (蔣國樑) had fled the country.
Chiang was detained by the Taipei District Court last July on allegations of insider trading, but after his attorneys filed an appeal saying Chiang suffered from diabetes and his health condition would worsen if he stayed in jail, the court released him on NT$5 million (US$165,000) bail in September. He was also prohibited from moving out of his current residence or from leaving the country.
Prosecutors said Chiang failed to answer a summons twice this month, adding that they would issue an arrest warrant if Chiang failed to appear for a third time.
They said they had issued a warning to customs officials and police to prevent Chiang from leaving the country.
Two of Chiang’s attorneys told the Chinese-language Liberty Times (the Taipei Times’ sister paper) that they had been unable to contact Chiang.
The attorneys said they would continue to look for him.
Chiang is suspected of earning more than NT$100 million from the alleged insider trading of Hsinchu International Bank shares in connection with Standard Chartered Bank’s acquisition of the Hsinchu lender in 2006.
An undersea cable to Penghu County has been severed, the Ministry of Digital Affairs said today, with a Chinese-funded ship suspected of being responsible. It comes just a month after a Chinese ship was suspected of severing an undersea cable north of Keelung Harbor. The National Communications and Cyber Security Center received a report at 3:03am today from Chunghwa Telecom that the No. 3 cable from Taiwan to Penghu was severed 14.7km off the coast of Tainan, the Ministry of Digital Affairs said. The Coast Guard Administration (CGA) upon receiving a report from Chunghwa Telecom began to monitor the Togolese-flagged Hong Tai (宏泰)
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Actor Lee Wei (李威) was released on bail on Monday after being named as a suspect in the death of a woman whose body was found in the meeting place of a Buddhist group in Taipei’s Daan District (大安) last year, prosecutors said. Lee, 44, was released on NT$300,000 (US$9,148) bail, while his wife, surnamed Chien (簡), was released on NT$150,000 bail after both were summoned to give statements regarding the woman’s death. The home of Lee, who has retreated from the entertainment business in the past few years, was also searched by prosecutors and police earlier on Monday. Lee was questioned three
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