Judicial investigators are searching for former Taiyen Biotech Co (台鹽生技) chairman Chen Chi-yu (陳啟昱), who allegedly went into hiding, and said they would today issue a wanted bulletin for his arrest, for alleged corruption and fraud together with four other suspects.
After being questioned and released on Oct. 24, the Tainan District Prosecutors’ Office on Friday summoned Chen for more questions, but he could not be found at his residence in Kaohsiung City’s Chishan District (旗山).
Prosecutors are also investigating four other executives in connection to the case, which involves alleged illegal profits of about NT$300 million (US$9.38 million) relating to Taiyen Green Energy Co (台鹽綠能), which is a subsidiary of Taiyen Biotech Co.
Photo: Taipei Times
After questioning the executives on Oct. 23, prosecutors requested that they be detained for suspected breaches of the Criminal Code and the Securities and Exchange Act (證券交易法), including for alleged fraud, breach of trust and publishing an official document containing false information.
Prosecutors alleged that Chen and other executives released fraudulent revenue reports and falsified documents in collusion with other firms to secure tenders for solar power farm projects and related construction work in southern Taiwan.
In a bail hearing on Oct. 24, former Taiyen Green Energy general manager Su Kun-huang (蘇坤煌) and Great Glow Technology Co (鴻暉國際) chairman Su Chun-jen (蘇俊仁) were placed in judicial detention with restricted communication, while Chen, former Taiyen Green Energy general manager Kuo Cheng-wei (郭政瑋) and Chao Yang Development Co (晁暘開發) owner Tai Yu-ching (戴妤倩) were released, with the Tainan District Court citing lack of evidence for their alleged involvement in the case.
Chen is a former Democratic Progressive Party (DPP) legislator, who was first elected in 2004. He resigned during his second term in 2010 to take up office as deputy Kaohsiung mayor.
He was later appointed as chairman of Taiyen Biotech Co, which had just been privatized from state monopoly Taiwan Salt Works Co (台鹽實業).
Chen left the DPP in April last year after reports emerged that he built an illegal structure on his farmland.
Additional reporting by Huang Chia-lin
Hong Kong singer Andy Lau’s (劉德華) concert in Taipei tonight has been cancelled due to Typhoon Kong-rei and is to be held at noon on Saturday instead, the concert organizer SuperDome said in a statement this afternoon. Tonight’s concert at Taipei Arena was to be the first of four consecutive nightly performances by Lau in Taipei, but it was called off at the request of Taipei Metro, the operator of the venue, due to the weather, said the organizer. Taipei Metro said the concert was cancelled out of consideration for the audience’s safety. The decision disappointed a number of Lau’s fans who had
Commuters in Taipei picked their way through debris and navigated disrupted transit schedules this morning on their way to work and school, as the city was still working to clear the streets in the aftermath of Typhoon Kong-rey. By 11pm yesterday, there were estimated 2,000 trees down in the city, as well as 390 reports of infrastructure damage, 318 reports of building damage and 307 reports of fallen signs, the Taipei Public Works Department said. Workers were mobilized late last night to clear the debris as soon as possible, the department said. However, as of this morning, many people were leaving messages
A Canadian dental assistant was recently indicted by prosecutors after she was caught in August trying to smuggle 32kg of marijuana into Taiwan, the Aviation Police Bureau said on Wednesday. The 30-year-old was arrested on Aug. 4 after arriving on a flight to Taiwan Taoyuan International Airport, Chang Tsung-lung (張驄瀧), a squad chief in the Aviation Police Bureau’s Criminal Investigation Division, told reporters. Customs officials noticed irregularities when the woman’s two suitcases passed through X-ray baggage scanners, Chang said. Upon searching them, officers discovered 32.61kg of marijuana, which local media outlets estimated to have a market value of more than NT$50 million (US$1.56
FATALITIES: The storm claimed at least two lives — a female passenger in a truck that was struck by a falling tree and a man who was hit by a utility pole Workers cleared fallen trees and shop owners swept up debris yesterday after one of the biggest typhoons to hit the nation in decades claimed at least two lives. Typhoon Kong-rey was packing winds of 184kph when it slammed into eastern Taiwan on Thursday, uprooting trees, triggering floods and landslides, and knocking out power as it swept across the nation. A 56-year-old female foreign national died from her injuries after the small truck she was in was struck by a falling tree on Provincial Highway 14A early on Thursday. The second death was reported at 8pm in Taipei on Thursday after a 48-year-old man
RSS