Thursday, August 28, 2008

Developments in the Taiwan Money Laundering Scandal

Recently we informed you in this blog post that the Ex-President of Taiwan, Chen Shui-bian, quit the Democratic Progressive Party amid allegations of money laundering. In the latest developments concerning the case, as reported here, another ex-Taiwan official, Yeh Sheng-mao, has been indicted for “allegedly hiding information” in the case related to Chen. Yeh, if found guilty, could face up to 30 months in Jail.

In related news Chen has been banned from leaving the island. His son and daughter-in-law had already left for the United States prior to the scandal being exposed.

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