A Taiwanese man charged with defrauding investors of NT$20.1 billion (US$650.1 million) by using falsified financial statements from a now delisted drug company, and who had been at large since 2020, was on Wednesday brought back to Taiwan, the Ministry of Justice Investigation Bureau (MJIB) said in a press release.
Tony Huang (黃文烈), 62, former chairman of Pharmally International Holding Co, was flanked by agents from the MJIB, as well as from the Criminal Investigation Bureau (CIB), on a flight from Thailand that landed at Taiwan Taoyuan International Airport at about 4pm, the MJIB said.
Huang falsified financial reports and stole more than NT$20.1 billion through fraudulent means from 2014 to 2020, the statement said.
Photo: Tony Yao, Taipei Times
The Taipei District Prosecutors’ Office indicted Huang on Feb. 23 last year on charges of contravening the Securities and Exchange Act (證券交易法).
ARREST WARRANT
The Taipei District Court issued a warrant for his arrest on Dec. 25, but Huang had fled Taiwan on July 21, 2020, the MJIB said.
While on the run, Huang entered the UK from Singapore and later flew to Thailand using a Vanuatu passport, the CIB said.
Through a collaboration between the Thai Immigration Bureau and Taiwanese authorities, Huang was arrested on May 24 in Bangkok, Huang Chun-chia (黃俊嘉), investigative specialist at the MJIB’s International Affairs Division, told reporters on Wednesday afternoon.
Upon his arrival at the airport, agents seized the 1 million Thai baht (US$28,527) that he owned and sent them over to the Taipei District Court.
Taiwan is stepping up plans to create self-sufficient supply chains for combat drones and increase foreign orders from the US to counter China’s numerical superiority, a defense official said on Saturday. Commenting on condition of anonymity, the official said the nation’s armed forces are in agreement with US Admiral Samuel Paparo’s assessment that Taiwan’s military must be prepared to turn the nation’s waters into a “hellscape” for the Chinese People’s Liberation Army (PLA). Paparo, the commander of the US Indo-Pacific Command, reiterated the concept during a Congressional hearing in Washington on Wednesday. He first coined the term in a security conference last
Prosecutors today declined to say who was questioned regarding alleged forgery on petitions to recall Democratic Progressive Party (DPP) legislators, after Chinese-language media earlier reported that members of the Chinese Nationalist Party (KMT) Youth League were brought in for questioning. The Ministry of Justice Investigation Bureau confirmed that two people had been questioned, but did not disclose any further information about the ongoing investigation. KMT Youth League members Lee Hsiao-liang (李孝亮) and Liu Szu-yin (劉思吟) — who are leading the effort to recall DPP caucus chief executive Rosalia Wu (吳思瑤) and Legislator Wu Pei-yi (吳沛憶) — both posted on Facebook saying: “I
The Ministry of Economic Affairs has fined Taobao NT$1.2 million (US$36,912) for advertisements that exceed its approved business scope, requiring the Chinese e-commerce platform to make corrections in the first half of this year or its license may be revoked. Lawmakers have called for stricter enforcement of Chinese e-commerce platforms and measures to prevent China from laundering its goods through Taiwan in response to US President Donald Trump’s heavy tariffs on China. The Legislative Yuan’s Finance Committee met today to discuss policies to prevent China from dumping goods in Taiwan, inviting government agencies to report. Democratic Progressive Party Legislator Kuo Kuo-wen (郭國文) said
The Ministry of Economic Affairs has fined Taobao NT$1.2 million (US$36,900) for advertisements that exceeded its approved business scope and ordered the Chinese e-commerce platform to make corrections in the first half of this year or its license would be revoked. Lawmakers have called for stricter supervision of Chinese e-commerce platforms and more stringent measures to prevent China from laundering its goods through Taiwan as US President Donald Trump’s administration cracks down on origin laundering. The legislature’s Finance Committee yesterday met to discuss policies to prevent China from dumping goods in Taiwan, inviting government agencies to report on the matter. Democratic Progressive Party
RSS