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.
Taiwan would benefit from more integrated military strategies and deployments if the US and its allies treat the East China Sea, the Taiwan Strait and the South China Sea as a “single theater of operations,” a Taiwanese military expert said yesterday. Shen Ming-shih (沈明室), a researcher at the Institute for National Defense and Security Research, said he made the assessment after two Japanese military experts warned of emerging threats from China based on a drill conducted this month by the Chinese People’s Liberation Army’s (PLA) Eastern Theater Command. Japan Institute for National Fundamentals researcher Maki Nakagawa said the drill differed from the
‘WORSE THAN COMMUNISTS’: President William Lai has cracked down on his political enemies and has attempted to exterminate all opposition forces, the chairman said The legislature would motion for a presidential recall after May 20, Chinese Nationalist Party (KMT) Chairman Eric Chu (朱立倫) said yesterday at a protest themed “against green communists and dictatorship” in Taipei. Taiwan is supposed to be a peaceful homeland where people are united, but President William Lai (賴清德) has been polarizing and tearing apart society since his inauguration, Chu said. Lai must show his commitment to his job, otherwise a referendum could be initiated to recall him, he said. Democracy means the rule of the people, not the rule of the Democratic Progressive Party (DPP), but Lai has failed to fulfill his
A rally held by opposition parties yesterday demonstrates that Taiwan is a democratic country, President William Lai (賴清德) said yesterday, adding that if opposition parties really want to fight dictatorship, they should fight it on Tiananmen Square in Beijing. The Chinese Nationalist Party (KMT) held a protest with the theme “against green communists and dictatorship,” and was joined by the Taiwan People’s Party. Lai said the opposition parties are against what they called the “green communists,” but do not fight against the “Chinese communists,” adding that if they really want to fight dictatorship, they should go to the right place and face
A 79-year-old woman died today after being struck by a train at a level crossing in Taoyuan, police said. The woman, identified by her surname Wang (王), crossed the tracks even though the barriers were down in Jhongli District’s (中壢) Neili (內壢) area, the Taoyuan Branch of the Railway Police Bureau said. Surveillance footage showed that the railway barriers were lowered when Wang entered the crossing, but why she ventured onto the track remains under investigation, the police said. Police said they received a report of an incident at 6:41am involving local train No. 2133 that was heading from Keelung to Chiayi City. Investigators
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