Taipei prosecutors said yesterday they suspected that Fubon Financial Holding Co chief investment officer Daniel Chiang (蔣國樑) had fled the country.
Chiang was detained by the Taipei District Court last July on allegations of insider trading, but after his attorneys filed an appeal saying Chiang suffered from diabetes and his health condition would worsen if he stayed in jail, the court released him on NT$5 million (US$165,000) bail in September. He was also prohibited from moving out of his current residence or from leaving the country.
Prosecutors said Chiang failed to answer a summons twice this month, adding that they would issue an arrest warrant if Chiang failed to appear for a third time.
They said they had issued a warning to customs officials and police to prevent Chiang from leaving the country.
Two of Chiang’s attorneys told the Chinese-language Liberty Times (the Taipei Times’ sister paper) that they had been unable to contact Chiang.
The attorneys said they would continue to look for him.
Chiang is suspected of earning more than NT$100 million from the alleged insider trading of Hsinchu International Bank shares in connection with Standard Chartered Bank’s acquisition of the Hsinchu lender in 2006.
Taiwanese paleontologists have discovered fossil evidence that pythons up to 4m long inhabited Taiwan during the Pleistocene epoch, reporting their findings in the international scientific journal Historical Biology. National Taiwan University (NTU) Institute of Ecology and Evolutionary Biology associate professor Tsai Cheng-hsiu (蔡政修) led the team that discovered the largest snake fossil ever found in Taiwan. The single trunk vertebra was discovered in Tainan at the Chiting Formation, dated to between 400,000 and 800,000 years ago in the Middle Pleistocene, the paper said. The area also produced Taiwan’s first avian fossil, as well as crocodile, mammoth, saber-toothed cat and rhinoceros fossils, it said. Discoveries
Taiwanese paleontologists have discovered fossil evidence that pythons up to 4m long inhabited Taiwan during the Pleistocene epoch, reporting their findings in the international scientific journal Historical Biology. National Taiwan University (NTU) Institute of Ecology and Evolutionary Biology associate professor Tsai Cheng-hsiu (蔡政修) led the team that discovered the largest snake fossil ever found in Taiwan. A single trunk vertebra was discovered in Tainan at the Chiting Formation, dated to between 800,000 to 400,000 years ago in the Middle Pleistocene, the paper said. The area also produced Taiwan’s first avian fossil, as well as crocodile, mammoth, sabre-toothed cat and rhinoceros fossils, it said. Discoveries
Whether Japan would help defend Taiwan in case of a cross-strait conflict would depend on the US and the extent to which Japan would be allowed to act under the US-Japan Security Treaty, former Japanese minister of defense Satoshi Morimoto said. As China has not given up on the idea of invading Taiwan by force, to what extent Japan could support US military action would hinge on Washington’s intention and its negotiation with Tokyo, Morimoto said in an interview with the Liberty Times (sister paper of the Taipei Times) yesterday. There has to be sufficient mutual recognition of how Japan could provide
UPDATED TEST: The new rules aim to assess drivers’ awareness of risky behaviors and how they respond under certain circumstances, the Highway Bureau said Driver’s license applicants who fail to yield to pedestrians at intersections or to check blind spots, or omit pointing-and-calling procedures would fail the driving test, the Highway Bureau said yesterday. The change is set to be implemented at the end of the month, and is part of the bureau’s reform of the driving portion of the test, which has been criticized for failing to assess whether drivers can operate vehicles safely. Sedan drivers would be tested regarding yielding to pedestrians and turning their heads to check blind spots, while drivers of large vehicles would be tested on their familiarity with pointing-and-calling
RSS