A Chinese Nationalist Party (KMT) legislator yesterday submitted an document to prosecutors, demanding that an insider-trading case involving the president's son-in-law Chao Chien-ming (
KMT Legislator Chiu Yi (邱毅) said he presented "two new pieces of evidence" in the document, which he claimed showed that prosecutors had turned a blind eye during the investigation and made a biased indictment that favored Chao.
"There were two things the prosecutors didn't make clear in the charge sheet: the bank account records of Chao's brother and his sister-in-law, and a NT$2 million [US$61,671] remittance from Chao to [the president's] daughter Chen Hsing-yu (
Prosecutors indicted Chao on charges of insider trading on Monday, recommending an eight-year jail sentence for him and a 10-year term for his father. Prosecutors closed the case without charging Chao's younger brother and his wife for their alleged involvement.
The prosecutors said there was not enough evidence to indict Chao's
Chiu accused prosecutors of hiding information, citing several suspicious transactions involving the accounts of Chao Chien-hsun and Cheng that were not indicated in the charge sheet.
"Chao had NT$12 million in his account, of which NT$10 million was from Yu Shih-yi [游世一] on Jan. 9, 2005 and NT$800,000 was from Chao Chien-ming's bodyguard. But prosecutors didn't say anything about these in charge sheet," Chiu said.
Prosecutors didn't look into the transactions involving Cheng's account either, Chiu said, adding that Cheng had NT$35 million in this "mysterious account."
Yu, general manager of Kuan-Pin Co, was also indicted in the insider-trading scandal, with prosecutors recommending a 10-year jail sentence.
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Editorial: Spare the public a diary on Chao
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