Wed, Oct 17, 2007 - Page 2 News List

Taiwan Pineapple's former chairman declared a fugitive

By Rich Chang  /  STAFF REPORTER

Taipei prosecutors said yesterday that former Taiwan Pineapple Corp chairman Huang Tsung-hung (黃宗宏) would be placed on the most-wanted list because he failed to show up to begin an eight-and-half year prison term.

Taipei District Prosecutors Office spokesman Lin Jinn-tsun (林錦村) said prosecutors issued a notice to Huang last month ordering him to report to prison on Oct. 9, but Huang failed to show up.

Prosecutors then issued 10 nationwide arrest warrants for Huang, Lin said.

They would place him on the most-wanted list next week if he has not been found, Lin said.

On Oct. 5, Huang received the final verdict in his case, eight-and-half years in prison and a NT$100 million (US$3 million) fine for misusing funds from Chung Hsing Commercial Bank.

Lin said prosecutors believe Huang fled to China by boat.

Lin said prosecutors had attempted to monitor Huang since the final verdict was handed down on Oct. 5, but had not been able to locate him.

In 2004 Huang said he had twice provided political donations to then Chinese Nationalist Party (KMT) chairman Lien Chan (連戰). Lien denied receiving the donations.

Wang Yu-yun (王玉雲), the former president of Chung Hsing Commercial Bank, received a seven-year jail sentence in the same case in April.

Wang is still missing, however, and prosecutors said it was likely he had also fled to China after he was sentenced. He is on the most-wanted list.

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