Former Control Yuan member and current Kaohsiung City councilor Chu An-hsiung (
The charges were the result of an investigation started after the December 1998 legislative and municipal elections.
The Chu family is one of Kao-hsiung's so-called "three big clans" (
PHOTO: CHANG CHUNG-YI, LIBERTY TIMES
Chu An-hsiung currently heads the Feng An Metal Company (
Prosecutors allege that in order to allow the company to be listed on the stock market, he set up three dummy companies in other people's names in 1991, and used these three companies as instruments to "buy" goods from Feng An. With the forged transaction records, Chu's business volume could meet the standards for being listed on the local bourse.
With the spare invoices for the false transactions of the three dummy companies, Feng An then allegedly sold these invoices to companies which intended to avoid paying taxes, or produced these invoices to buying parties when selling goods.
The money from this enterprise was also deposited in dummy accounts, according to the indictment.
In addition, the prosecutors said, in 1997 another of Chu's companies, Chen An Steel (
The Chu brothers are also charged with purchasing invoices from another nine dummy companies in order to evade taxes. The indictment says that Feng An, Chen An and An Feng Steel (安鋒鋼鐵) have, in total evaded some NT$58.3 million in business taxes and NT$291.6 million in income taxes.
The Chu brothers, however, denied all the charges stemming from the investigation, saying that their employees were responsible for the whole thing.
Since the offences occurred serially, the prosecution has asked the court for harsher sentences if the pair are convicted.
Prosecutors launched an investigation into the case following revelations from a New Party candidate in the 1998 elections for Kaohsiung mayor and city council, that alleged illegal dealings by Chu.
Chu An-hsiung's wife Wu Der-mei is the board chairman of Feng An. She has already been prosecuted by the Taichung's prosecutors' office for two related cases of establishing dummy companies and selling invoices, according to the prosecutors.
Both An Feng Steel and Chu An Steel were involved in repeated multi-million dollar check default scandals in the summer of 1998 which plunged the Pan Asia Bank (
The Ministry of Foreign Affairs (MOFA) yesterday said it is closely monitoring developments in Venezuela, and would continue to cooperate with democratic allies and work together for regional and global security, stability, and prosperity. The remarks came after the US on Saturday launched a series of airstrikes in Venezuela and kidnapped Venezuelan President Nicolas Maduro, who was later flown to New York along with his wife. The pair face US charges related to drug trafficking and alleged cooperation with gangs designated as terrorist organizations. Maduro has denied the allegations. The ministry said that it is closely monitoring the political and economic situation
UNRELENTING: China attempted cyberattacks on Taiwan’s critical infrastructure 2.63 million times per day last year, up from 1.23 million in 2023, the NSB said China’s cyberarmy has long engaged in cyberattacks against Taiwan’s critical infrastructure, employing diverse and evolving tactics, the National Security Bureau (NSB) said yesterday, adding that cyberattacks on critical energy infrastructure last year increased 10-fold compared with the previous year. The NSB yesterday released a report titled Analysis on China’s Cyber Threats to Taiwan’s Critical Infrastructure in 2025, outlining the number of cyberattacks, major tactics and hacker groups. Taiwan’s national intelligence community identified a large number of cybersecurity incidents last year, the bureau said in a statement. China’s cyberarmy last year launched an average of 2.63 million intrusion attempts per day targeting Taiwan’s critical
‘SLICING METHOD’: In the event of a blockade, the China Coast Guard would intercept Taiwanese ships while its navy would seek to deter foreign intervention China’s military drills around Taiwan this week signaled potential strategies to cut the nation off from energy supplies and foreign military assistance, a US think tank report said. The Chinese People’s Liberation Army (PLA) conducted what it called “Justice Mission 2025” exercises from Monday to Tuesday in five maritime zones and airspace around Taiwan, calling them a warning to “Taiwanese independence” forces. In a report released on Wednesday, the Institute for the Study of War said the exercises effectively simulated blocking shipping routes to major port cities, including Kaohsiung, Keelung and Hualien. Taiwan would be highly vulnerable under such a blockade, because it
Conflict with Taiwan could leave China with “massive economic disruption, catastrophic military losses, significant social unrest, and devastating sanctions,” a US think tank said in a report released on Monday. The German Marshall Fund released a report titled If China Attacks Taiwan: The Consequences for China of “Minor Conflict” and “Major War” Scenarios. The report details the “massive” economic, military, social and international costs to China in the event of a minor conflict or major war with Taiwan, estimating that the Chinese People’s Liberation Army (PLA) could sustain losses of more than half of its active-duty ground forces, including 100,000 troops. Understanding Chinese
RSS