Thursday, February 12, 2009

Former First Lady of Taiwan Admits Laundering $2.2 Million

According to this article in the NY Times Ms. Wu, the former first lady of Taiwan, has admitted on Tuesday to have laundered $2.2 million that she received from a contractor in connection with a government construction project. She does not admit to embezzling money from this fund, but instead claims that the money was a political donation.

This case has sparked media frenzy in Taiwan, and the cable companies have covered every twist and turn.



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