Prosecutors in charge of investigating former president Chen Shui-bian's (陳水扁) alleged corruption and money-laundering activities yesterday confirmed they had frozen the bank accounts, stock holdings and real estate holdings of several members of Chen's family.
Chen Yun-nan (陳雲南), spokesperson for the Supreme Prosecutors' Office's Special Investigation Panel (SIP) which is in charge of investigating the cases, said that the SIP had sent official notices to banks, securities companies and government land offices on Oct. 23 requesting that they freeze those assets so that if members of the former first family were found guilty, the illegal profits could be returned.
The frozen assets include NT$8 million (US$250,000) in a savings account held by former first lady Wu Shu-jen (吳淑珍); NT$18 million in a savings account held by Wu's brother Wu Ching-mao (吳景茂); NT$10.3 million in savings held by Chen Shui-bian’s son Chen Chih-chung (陳致中); stock holdings with an estimated market value of NT$24 million held by Chen Chih-chung; NT$10.8 million in savings held by Chen Chih-chung’s wife Huang Jui-ching (黃睿靚); and about NT$100 million in diamonds and other jewelry.
Because there is no evidence that Chen Shui-bian's daughter Chen Hsing-yu (陳幸妤) was involved in the alleged money-laundering activities, her assets had not been frozen, Chen Yun-nan said.
The SIP has also left several bank accounts active, including one the holds Chen Shui-bian's salary as a former president, to provide the former first family with enough money to cover daily expenses, Chen Yun-nan said.
The amount of frozen assets in Taiwan totals about NT$500 million, while the amount of funds left active totals about NT$50 million, he said.
Death row inmate Huang Lin-kai (黃麟凱), who was convicted for the double murder of his former girlfriend and her mother, is to be executed at the Taipei Detention Center tonight, the Ministry of Justice announced. Huang, who was a military conscript at the time, was convicted for the rape and murder of his ex-girlfriend, surnamed Wang (王), and the murder of her mother, after breaking into their home on Oct. 1, 2013. Prosecutors cited anger over the breakup and a dispute about money as the motives behind the double homicide. This is the first time that Minister of Justice Cheng Ming-chien (鄭銘謙) has
BITTERLY COLD: The inauguration ceremony for US president-elect Donald Trump has been moved indoors due to cold weather, with the new venue lacking capacity A delegation of cross-party lawmakers from Taiwan, led by Legislative Speaker Han Kuo-yu (韓國瑜), for the inauguration of US president-elect Donald Trump, would not be able to attend the ceremony, as it is being moved indoors due to forecasts of intense cold weather in Washington tomorrow. The inauguration ceremony for Trump and US vice president-elect JD Vance is to be held inside the Capitol Rotunda, which has a capacity of about 2,000 people. A person familiar with the issue yesterday said although the outdoor inauguration ceremony has been relocated, Taiwan’s legislative delegation has decided to head off to Washington as scheduled. The delegation
TRANSPORT CONVENIENCE: The new ticket gates would accept a variety of mobile payment methods, and buses would be installed with QR code readers for ease of use New ticketing gates for the Taipei metro system are expected to begin service in October, allowing users to swipe with cellphones and select credit cards partnered with Taipei Rapid Transit Corp (TRTC), the company said on Tuesday. TRTC said its gates in use are experiencing difficulty due to their age, as they were first installed in 2007. Maintenance is increasingly expensive and challenging as the manufacturing of components is halted or becoming harder to find, the company said. Currently, the gates only accept EasyCard, iPass and electronic icash tickets, or one-time-use tickets purchased at kiosks, the company said. Since 2023, the company said it
Another wave of cold air would affect Taiwan starting from Friday and could evolve into a continental cold mass, the Central Weather Administration (CWA) said yesterday. Temperatures could drop below 10°C across Taiwan on Monday and Tuesday next week, CWA forecaster Chang Chun-yao (張竣堯) said. Seasonal northeasterly winds could bring rain, he said. Meanwhile, due to the continental cold mass and radiative cooling, it would be cold in northern and northeastern Taiwan today and tomorrow, according to the CWA. From last night to this morning, temperatures could drop below 10°C in northern Taiwan, it said. A thin coat of snow
RSS