Friday, August 15, 2008

The Ex-President of Taiwan Quits His Political Party

Amid allegations for money laundering, the ex-president of Taiwan, Chen Shui-bian, quit the Democratic Progressive Party (DPP) as announced in this article. Currently, he is involved in another allegation for embezzlement of 14.8 million Taiwan dollars, and in the same trial, his wife has been accused of corruption and document forgery. For the latest accusations, however, Chen has already said that his wife, Wu Shu-chen, had wired $20 million without his prior knowledge. In a statement addressing his leaving of the DPP Chen said,

"I have to say sorry to DPP members and supporters with a heavy heart. I let everybody down and caused irreparable damage to the party. This was not my intention but I made mistakes"

For some of his mentioned past mistakes, he had been able to avoid the investigation, as a result of presidential immunity. The investigation into these matters was launched by prosecutors on the same day that Chen left office after serving his last term.

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