Wed, Aug 15, 2007 - Page 3 News List

Taiwanese expats to urge Wang You-theng to go home

STAFF WRITER , WITH CNA,LOS ANGELES

Leaders of a Taiwanese expatriate group in the US are expected to meet with fugitive Rebar Asia Pacific Group founder Wang You-theng (王又曾) and his wife later this week to persuade the couple to return to Taiwan to face criminal charges, an official said on Monday.

Lee Ping-hsin (李秉信), chief of the Los Angeles, California, chapter of the Taiwanese Benevolent Association of America (TBAA), said the couple have drawn much attention in the Taiwanese expatriate community since they fled to the US more than six months ago, and the association will try to arrange a meeting with the couple in the next few days to talk face-to-face with them.

TBAA President Lo Su-o (羅素娥), who is scheduled to arrive in Los Angeles today to prepare for the association's 30th annual meeting, will visit the Wangs at their residence in South Pasadena and invite them out for dinner, Lee said.

Lee further said that in addition to Lo and himself, chiefs of the TBAA's Las Vegas and Orange County chapters will also join the persuasion effort.

Wang, who had been held at an immigration holding center in San Pedro, California, since Feb. 2, was released on bail on Aug. 7.

Wang was detained when he tried to return to Los Angeles with both his Republic of China and Dominican Republic passports canceled, following a failed attempt to enter Singapore.

Wang is suspected of having embezzled billions of NT dollars in corporate funds from the group before fleeing with his wife, Wang Chin She-ying (王金世英), to China late last year and then to the US in January this year.

Taiwanese authorities placed the couple on the country's most-wanted list on Jan. 15 and have been seeking US assistance to have them repatriated to face charges.

In March, Taiwanese prosecutors indicted Wang and 106 others on a long list of charges related to the Rebar Group scandal, including fraud, money laundering and insider trading. They are seeking a prison sentence of 30 years and an unprecedented fine of NT$1.71 billion (US$52.13 million) for Wang.

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