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
PROVOCATIVE: Chinese Deputy Ambassador to the UN Sun Lei accused Japan of sending military vessels to deliberately provoke tensions in the Taiwan Strait China denounced remarks by Japan and the EU about the South China Sea at a UN Security Council meeting on Monday, and accused Tokyo of provocative behavior in the Taiwan Strait and planning military expansion. Ayano Kunimitsu, a Japanese vice foreign minister, told the Council meeting on maritime security that Tokyo was seriously concerned about the situation in the East China and South China seas, and reiterated Japan’s opposition to any attempt to change the “status quo” by force, and obstruction of freedom of navigation and overflight. Stavros Lambrinidis, head of the EU delegation to the UN, also highlighted South China Sea
SILENCING CRITICS: In addition to blocking Taiwan, China aimed to prevent rights activists from speaking out against authoritarian states, a Cabinet department said The Ministry of Foreign Affairs (MOFA) yesterday condemned transnational repression by Beijing after RightsCon, a major digital human rights conference scheduled to be held in Zambia this week, was abruptly canceled due to Chinese pressure over Taiwanese participation. This year’s RightsCon, the world’s largest conference discussing issues “at the intersection of human rights and technology,” was scheduled to take place from tomorrow to Friday in Lusaka, and expected to draw 2,600 in-person attendees from 150 countries, along with 1,100 online participants. However, organizers were forced to cancel the event due to behind-the-scenes pressure from China, the ministry said, expressing its “strongest condemnation”
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, said it expects its 2-nanometer (2nm) chip capacity to grow at a compound annual rate of 70 percent from this year to 2028. The projection comes as five fabs begin volume production of 2-nanometer chips this year — two in Hsinchu and three in Kaohsiung — TSMC senior vice president and deputy cochief operating officer Cliff Hou (侯永清) said at the company’s annual technology symposium in Silicon Valley, California, last week. Output in the first year of 2-nanometer production, which began in the fourth quarter of last year, is expected to
Taiwan’s economy grew far faster than expected in the first quarter, as booming demand for artificial intelligence (AI) applications drove a surge in exports, spilling over into investment and consumption, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. GDP growth was 13.69 percent year-on-year during the January-to-March period, beating the DGBAS’ February forecast by 2.23 percentage points and marking the most robust growth in nearly four decades, DGBAS senior official Chiang Hsin-yi (江心怡) told a news conference in Taipei. The result was powered by exports, which remain the backbone of Taiwan’s economy, Chiang said. Outbound shipments jumped 51.12 percent year-on-year to
RSS