Sat, Jul 19, 2008 - Page 3 News List

Ex-banker swaps hospital for jail

By Rich Chang  /  STAFF REPORTER

Liu Tai-ying (劉泰英), a former chairman of the China Development Industrial Bank, was sent to Taipei Prison from hospital yesterday to start his jail term.

Prosecutor Liu Cheng-wu (劉承武) said he had spoken to Liu Tai-ying yesterday morning at the Yang Ming branch of Taipei City Hospital.

He told Liu Tai-ying that according to doctors, although he had suffered a mild heart attack, it was not an emergency condition and the prison would offer him adequate medical care.

Prosecutor Liu said he had agreed that former banker Liu could take medication with him into prison.

Liu Tai-ying then agreed to leave hospital and begin his prison term, and he was duly dispatched to prison in the afternoon, the prosecutor said.

Prosecutor Liu on Thursday asked Liu Tai-ying to check into the Yang Ming branch of Taipei City Hospital for tests on his heart and brain.

The prosecutor gave the instructions after visiting Liu Tai-ying at the private Ching Sheng General Clinic, where the former banker was admitted late on Tuesday.

Liu Tai-ying was subpoenaed to report to the prosecutor on Wednesday to begin serving a 22-month jail term handed down for his siphoning off of NT$37 million (US$1.2 million) from two Chinese Nationalist Party (KMT)-run firms when he was chief of the KMT Business Management Committee in 1998.

Instead of showing up at the prosecutor’s office on Wednesday, Liu Tai-ying sent his son to inform the prosecutor that he had collapsed late on Tuesday after drinking with friends and was unable to begin his sentence.

His son presented a medical report issued by Ching Sheng to back claims that Liu Tai-ying’s condition was serious and that he should be hospitalized for the time being for observation.

Liu Tai-ying has been implicated in a number of criminal cases arising from his time as the KMT’s unofficial treasurer and the 22-month sentence was handed down in the first case, after he had exhausted all legal avenues of appeal.

This story has been viewed 2252 times.

Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

TOP top