The Shilin District Court yesterday indicted former Academia Sinica president Wong Chi-huey (翁啟惠) on corruption charges relating to biotech company OBI Pharma Inc (台灣浩鼎).
Wong denied the charges, accusing the court of abusing its authority.
Wong was appointed president of Academia Sinica in October 2007 and began work on developing cancer vaccine technologies in 2008, the indictment read.
Photo: Chang Chia-ming, Taipei Times
He also started collaborating with OBI Pharma chairman Michael Chang (張念慈) — a friend from the time he was studying at the Massachusetts Institute of Technology — on public research, it said.
In October 2011, Chang offered Wong 1,500 new shares of OBI Pharma in a quid pro quo exchange for technologies developed by Wong, which Wong accepted, prosecutors said.
However, the two later abandoned the scheme in favor of an agreement to exchange the technology for a future payment, after the Ministry of Economic Affairs expressed misgivings about the new shares, prosecutors said.
In August 2012, Academia Sinica posted a public notice for a corporate partner to transfer its patented “next-generation synthetic oligosaccharides technology,” which was obtained by Amaran Biotechnology Inc (潤雅生技), a company that shared an office with OBI Pharma.
Prosecutors said that the technology transfer was made under Wong and Chang’s direction, following the completion of the transfer of 3,000 shares of OBI Pharma on Dec. 17 to Wong’s daughter Wong Yu-shioh (翁郁秀).
Although Wong Yu-shioh was the nominal owner of the 3,000 shares, estimated to be worth NT$93 million (US$2.9 million at current exchange rates), prosecutors said they believed Wong Chi-huey has de facto control of the shares.
As to other issues, prosecutors said that no indictment was issued on Wong Chi-huey’s acceptance of a US$300,000 contribution from US-based Optimer Pharmaceuticals Inc, because he was able to provide documentation proving that the sum was used for a legitimate cooperative project.
No indictment was also issued for Chang Sui-fen (張穗芬), the finance division manager of OBI Pharma who facilitated the stock transfer, because there was insufficient evidence that she knowingly participated in the act of bribery, prosecutors said.
Wong Chi-huey issued a press statement last night saying he was “shocked and angered” by the indictment, calling it “a far-fetched accusation and an abuse of prosecutorial authority.”
He denied having discussed stock options with Chang in a quid pro quo arrangement, and insisted that the 3,000 OBI Pharma shares he received were entirely self-funded and had no connection to his position then as president of Academia Sinica.
“This humiliation has done grievous injury to my academic reputation... I will strenuously defend my innocence through the legal process,” he said.
Meanwhile, OBI Pharma said that its operations and research would not be affected by the case, adding that it respected the court’s decision and would continue to stand by its management team.
The Central Weather Administration (CWA) yesterday said it expected to issue a sea warning for Typhoon Fung-Wong tomorrow, which it said would possibly make landfall near central Taiwan. As of 2am yesterday, Fung-Wong was about 1,760km southeast of Oluanpi (鵝鑾鼻), Taiwan’s southernmost point, moving west-northwest at 26kph. It is forecast to reach Luzon in the northern Philippines by tomorrow, the CWA said. After entering the South China Sea, Typhoon Fung-Wong is likely to turn northward toward Taiwan, CWA forecaster Chang Chun-yao (張峻堯) said, adding that it would likely make landfall near central Taiwan. The CWA expects to issue a land
Taiwan’s exports soared to an all-time high of US$61.8 billion last month, surging 49.7 percent from a year earlier, as the global frenzy for artificial intelligence (AI) applications and new consumer electronics powered shipments of high-tech goods, the Ministry of Finance said yesterday. It was the first time exports had exceeded the US$60 billion mark, fueled by the global boom in AI development that has significantly boosted Taiwanese companies across the international supply chain, Department of Statistics Director-General Beatrice Tsai (蔡美娜) told a media briefing. “There is a consensus among major AI players that the upcycle is still in its early stage,”
The Central Weather Administration (CWA) yesterday said it is expected to issue a sea warning for Typhoon Fung-wong this afternoon and a land warning tomorrow. As of 1pm, the storm was about 1,070km southeast of Oluanpi (鵝鑾鼻), Taiwan’s southernmost point, and was moving west-northwest at 28 to 32kph, according to CWA data. The storm had a radius of 250km, with maximum sustained winds of 173kph and gusts reaching 209kph, the CWA added. The storm is forecast to pass near Luzon in the Philippines before entering the South China Sea and potentially turning northward toward Taiwan, the CWA said. CWA forecaster Chang Chun-yao (張峻堯) said
Japanese Prime Minister Sanae Takaichi yesterday said that China using armed force against Taiwan could constitute a "survival-threatening situation" for Japan, allowing the country to mobilize the Japanese armed forces under its security laws. Takaichi made the remarks during a parliamentary session while responding to a question about whether a "Taiwan contingency" involving a Chinese naval blockade would qualify as a "survival-threatening situation" for Japan, according to a report by Japan’s Asahi Shimbun. "If warships are used and other armed actions are involved, I believe this could constitute a survival-threatening situation," Takaichi was quoted as saying in the report. Under Japan’s security legislation,