Law enforcement authorities are coordinating with their Chinese counterparts over the repatriation of fugitive Taichung tycoon Tseng Cheng-jen (曾正仁), who was reported to have been arrested in Shanghai on Wednesday night.
“We have yet to hear anything from China. We do not have the authority to make the decision,” a senior Criminal Investigation Bureau officer said, requesting anonymity.
Kinmen County Police Department Criminal Investigation Bureau chief Hsiao Chin-chieh (蕭欽杰) said fugitives are customarily escorted back to Taiwan from China via Matsu.
Bureau officers carry out the mission with assistance from Kinmen police.
As of late last night, Kinmen police had yet to receive notice of any repatriation.
Tseng was declared as wanted by the Taichung District Prosecutors’ Office on July 29, 2004, after he fled to Shanghai following a court verdict that sentenced him to 11 years in prison the previous month.
Tseng, the former president of Taichung-based Kuangsan Enterprise Group, was sentenced on charges of violating the Securities and Exchange Act (證券交易法), forgery and manipulating government officials to forge documents.
The Supreme Court’s verdict followed Tseng’s appeal of a Taiwan High Court judgment on Aug. 29, 2003, which sentenced him to 30 years and 10 months in prison on the same charges.
The verdict said that in November 1998, Tseng had abused his position as president of the Taichung Business Bank to push through loans worth more than NT$9 billion (US$300 million).
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