The Taipei District Court yesterday upheld a previous ruling, saying that four family members of Wang You-theng (王又曾), the fugitive founder of the Rebar Asia Pacific Group (力霸亞太企業集團), may be released if they post NT$150 million (US$4.6 million) in bail.
The Taipei District Court on Feb. 4 announced that Wang's younger brother, Frank Wang (王事展), and three of Wang You-theng's children -- China Rebar Co (中國力霸) vice chairman Wang Lin-tai (王令台), Asia Pacific Broadband Telecom Co (亞太固網寬頻) president Wang Lin-i (王令一) and Chia Hsin Food and Synthetic Fiber Co (嘉新食品化纖) chairman Wang Lin-chiao (王令僑) -- could be released after payment of the bail.
The Taipei District Prosecutors' Office filed an appeal with the Taiwan High Court on that day in an attempt to overturn the district court's decision and requested that the suspects be held without bail.
The high court later decided that the Taipei District Court must re-examine its ruling.
The district court held the hearing yesterday afternoon.
The four suspects promised they would not flee from the county and appealed to the court to lower the amount of bail, but the court at 5:30pm decided to maintain its former ruling.
The four were then returned to a detention center.
In an indictment last March, the prosecution said the Wang family obtained illegal benefits by setting up numerous dummy corporations through which they engaged in fraud, insider trading and embezzlement.
The scandal broke in January last year when two Rebar member companies -- Chia Hsin Food and Synthetic Co and China Rebar Co -- filed for bankruptcy restructuring with the Taipei District Court, sparking a run on the Chinese Bank (
Wang You-theng and his wife, Wang Chin She-ying (
Taipei on Thursday held urban resilience air raid drills, with residents in one of the exercises’ three “key verification zones” reporting little to no difference compared with previous years, despite government pledges of stricter enforcement. Formerly known as the Wanan exercise, the air raid drills, which concluded yesterday, are now part of the “Urban Resilience Exercise,” which also incorporates the Minan disaster prevention and rescue exercise. In Taipei, the designated key verification zones — where the government said more stringent measures would be enforced — were Songshan (松山), Zhongshan (中山) and Zhongzheng (中正) districts. Air raid sirens sounded at 1:30pm, signaling the
The number of people who reported a same-sex spouse on their income tax increased 1.5-fold from 2020 to 2023, while the overall proportion of taxpayers reporting a spouse decreased by 4.4 percent from 2014 to 2023, Ministry of Finance data showed yesterday. The number of people reporting a spouse on their income tax trended upward from 2014 to 2019, the Department of Statistics said. However, the number decreased in 2020 and 2021, likely due to a drop in marriages during the COVID-19 pandemic and the income of some households falling below the taxable threshold, it said. The number of spousal tax filings rebounded
A saleswoman, surnamed Chen (陳), earlier this month was handed an 18-month prison term for embezzling more than 2,000 pairs of shoes while working at a department store in Tainan. The Tainan District Court convicted Chen of embezzlement in a ruling on July 7, sentencing her to prison for illegally profiting NT$7.32 million (US$248,929) at the expense of her employer. Chen was also given the opportunity to reach a financial settlement, but she declined. Chen was responsible for the sales counter of Nike shoes at Tainan’s Shinkong Mitsukoshi Zhongshan branch, where she had been employed since October 2019. She had previously worked
Labor rights groups yesterday called on the Ministry of Labor to protect migrant workers in Taiwan’s fishing industry, days after CNN reported alleged far-ranging abuses in the sector, including deaths and forced work. The ministry must enforce domestic labor protection laws on Taiwan-owned deep-sea fishing vessels, the Coalition for Human Rights for Migrant Fishers told a news conference outside the ministry in Taipei after presenting a petition to officials. CNN on Sunday reported that Taiwanese seafood giant FCF Co, the owners of the US-based Bumble Bee Foods, committed human rights abuses against migrant fishers, citing Indonesian migrant fishers. The alleged abuses included denying
RSS