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.
Palauan President Surangel Whipps Jr arrived in Taiwan last night to kick off his first visit to the country since beginning his second term earlier this year. After arriving at Taoyuan International Airport at around 6:30 pm, Whipps and his delegation were welcomed by Minister of Foreign Affairs Lin Chia-lung (林佳龍). Speaking to gathered media, the Palauan leader said he was excited and honored to be back in Taiwan on his first state visit to Taiwan since he was sworn in this January. Among those traveling with Whipps is Minister of State Gustav N. Aitaro, Public Infrastructure
President William Lai (賴清德) yesterday thanked Palau for its continued support of Taiwan's international participation, as Taipei was once again excluded from the World Health Assembly (WHA) currently taking place in Switzerland. "Palau has never stopped voicing support for Taiwan" in the UN General Assembly, the WHO and other UN-affiliated agencies, Lai said during a bilateral meeting with visiting Palau President Surangel Whipps Jr. "We have been profoundly touched by these endorsements," Lai said, praising the Pacific island nation's firm support as "courageous." Lai's remarks came as Taiwan was excluded for the ninth consecutive year from the WHA, which is being held in
RESOLUTIONS DEBATE: Taiwan’s allies said that UN and WHA resolutions cited by China and other nations ‘do not determine Taiwan’s participation in WHO activities’ A proposal to invite Taiwan to this year’s World Health Assembly (WHA) was rejected on Monday, resulting in Taipei’s absence from the annual meeting for a ninth consecutive year, although partners spoke up for Taiwan’s participation at the first day of the meeting. The first agenda item after the opening was a “two-on-two debate” on a proposal to invite Taiwan to participate at the WHA as an observer. Similar to previous years, two countries made statements in favor of the proposal, while two others expressed their opposition. Philippine Secretary of Health Teodoro Herbosa, president of the 78th WHA, accepted the WHA General Committee’s
At least three people died and more than a dozen were injured yesterday afternoon when a vehicle struck a group of pedestrians in New Taipei City’s Sansia District (三峽). The incident happened at about 4pm when a car rammed into pedestrians at an intersection near Bei Da Elementary School. Witnesses said the sedan, being driven at a high speed, ran a red light, knocking scooters out of the way and hitting students crossing the road before careening into a median near the intersection of Guocheng and Guoguang streets. The incident resulted in three deaths and 13 injuries, including the driver, a 78-year-old man
RSS