Former president Chen Shui-bian’s (陳水扁) son, Chen Chih-chung (陳致中), daughter-in-law, Huang Jui-ching (黃睿靚), and former first lady Wu Shu-jen’s (吳淑珍) brother, Wu Ching-mao (吳景茂), told a judge during a pre-trial hearing at the Taipei District Court yesterday that they might have been involved in money laundering.
A judge has to accept a statement before it can constitute a formal plea, a court spokesman said.
“I didn’t differentiate clearly between laundering money and handling funds,” Chen Chih-chung told reporters in the lobby of the court building after the two-hour hearing.
PHOTO: CHIEN JUNG-FONG, TAIPEI TIMES
Standing next to his wife, who choked back tears, he said: “If it could be done all over, we absolutely would not make the same kind of mistake again.”
“I am very sorry about the whole thing. My wife and I will do whatever we can to help prosecutors clarify the details of the case,” Chen Chih-chung told reporters.
Chen Shui-bian and Wu Shu-jen were indicted last month on charges of embezzling NT$104 million (US$3 million) from a special presidential fund.
They are also accused of accepting NT$100 million in bribes and US$6 million in connection with a land procurement deal, as well as US$2.73 million in kickbacks to help a contractor win the tender for a government construction project.
Chen Chih-chung and Huang were indicted for money laundering in connection with the moving of money overseas.
Chen Shui-bian has denied the accusations, but has admitted sending the money overseas, saying it was leftover campaign contributions.
On Monday, the former president pleaded not guilty to charges of receiving bribes.
During the hearing, Chen Chih-chung told judges that prosecutors already knew about his bank accounts in Switzerland and the US, adding that he did not have any bank accounts in Japan or in any other country.
Chen Chih-chung also promised judges he would sign all related agreements and authorization forms regarding the money — NT$700 million — which is still frozen in his Swiss bank accounts and for a separate amount of NT$570 million in another foreign account.
The Special Investigation Panel said the couple identified the flow of NT$570 million in a deposition on Dec. 18, but had only agreed to have it returned to Taiwan recently.
Prosecutors believe the funds, which have not been frozen by Swiss authorities, may be kickbacks from Taiwanese businesses for preferential treatment.
Also yesterday, the Taipei District Court subpoenaed Wu Shu-jen to appear on Feb. 10 and Feb. 11 to begin a series of pretrial hearings related to the cases.
“I will make sure to help [my mother] attend any hearings,” Chen Chih-chung said.
He told judges that Wu Shu-jen possesses a large quantity of jewels worth at least NT$600 million.
The jewels are in the care of a friend of Wu Shu-jen’s in Japan, he said.
“These jewels will be shipped back to Taiwan as soon as possible,” he said.
Chen Chih-chung said that Wu Shu-jen would donate all the money to charity if investigations proved the money was clean.
“We apologize to the public. My mother also told me to inform your honors that she will try to attend every hearing,” Chen Chih-chung said in court.
ADITIONAL REPORTING BY JIMMY CHUANG
The Ministry of Transportation and Communications yesterday inaugurated the Danjiang Bridge across the Tamsui River in New Taipei City, saying that the structure would be an architectural icon and traffic artery for Taiwan. Feted as a major engineering achievement, the Danjiang Bridge is 920m long, 211m tall at the top of its pylon, and is the longest single-pylon asymmetric cable-stayed bridge in the world, the government’s Web site for the structure said. It was designed by late Iraqi-British architect Zaha Hadid. The structure, with a maximum deck of 70m, accommodates road and light rail traffic, and affords a 200m navigation channel for boats,
PRECISION STRIKES: The most significant reason to deploy HIMARS to outlying islands is to establish a ‘dead zone’ that the PLA would not dare enter, a source said A High Mobility Artillery Rocket System (HIMARS) would be deployed to Penghu County and Dongyin Island (東引) in Lienchiang County (Matsu) to force the Chinese military to retreat at least 100km from the coastline, a military source said yesterday. Taiwan has been procuring HIMARS and Army Tactical Missile Systems (ATACMS) from the US in batches. Once all batches have been delivered, Taiwan would possess 111 HIMARS units and 504 ATACMS, which have a range of 300km. Considering that “offense is the best defense,” the military plans to forward-deploy the systems to outlying islands such as Penghu and Dongyin so that
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest foundry service provider, yesterday said that global semiconductor revenue is projected to hit US$1.5 trillion in 2030, after the figure exceeds US$1 trillion this year, as artificial intelligence (AI) demand boosts consumption of token and compute power. “We are still at the beginning of the AI revolution, but we already see a significant impact across the whole semiconductor ecosystem,” TSMC deputy cochief operating officer Kevin Zhang (張曉強) said at the company’s annual technology symposium in Hsinchu City. “It is fair to say that in the past decade, smartphones and other mobile devices were
‘CLEAR MESSAGE’: The bill would set up an interagency ‘tiger team’ to review sanctions tools and other economic options to help deter any Chinese aggression toward Taiwan US Representative Young Kim has introduced a bill to deter Chinese aggression against Taiwan, calling for an interagency “tiger team” to preplan coordinated sanctions and economic measures in response to possible Chinese military or political action against Taiwan. “[Chinese President] Xi Jinping [習近平] has directed the People’s Liberation Army to be ready to invade Taiwan by 2027. China has a plan. America should have one too,” Kim said in a news release on Thursday last week. She introduced the “Deter PRC [People’s Republic of China] aggression against Taiwan act” to “ensure the US has a coordinated sanctions strategy ready should