The Taipei District Prosecutors’ Office yesterday listed Yuanta Group (元大集團) chairman Rudy Ma (馬志玲) as a defendant in a case amid allegations of stock manipulation.
Taipei District Prosecutors’ Office spokesman Fred Lin (林錦村) said Ma allegedly masterminded Yuanta Securities’ (元大證券) purchase of Yuanta Investment Trust Co (元大投信) stocks to sell them at higher prices and then embezzled as much as NT$1 billion (US$30 million) from the deals in 2005.
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Lin said evidence showed that this case was isolated from investigations targeting former president Chen Shui-bian (陳水扁) and his family.
Lin said Ma was summoned and questioned on Monday and was released on NT$20 million baiSl on Tuesday.
Prosecutors yesterday listed him as a defendant in the case, Lin said, adding that Ma was also barred from relocating or leaving the nation.
Approached for comment, Supreme Prosecutors’ Office Special Investigation Panel spokesman Chen Yun-nan (陳雲南) said he had no idea that the Taipei District Prosecutors’ Office had been investigating Ma.
But Chen Yun-nan said prosecutors from both ends would help each other and work together “whenever necessary.”
ALIGNED THINKING: Taiwan and Japan have a mutual interest in trade, culture and engineering, and can work together for stability, Cho Jung-tai said Taiwan and Japan are two like-minded countries willing to work together to form a “safety barrier” in the Indo-Pacific region, Premier Cho Jung-tai (卓榮泰) yesterday said at the opening ceremony of the 35th Taiwan-Japan Modern Engineering and Technology Symposium in Taipei. Taiwan and Japan are close geographically and closer emotionally, he added. Citing the overflowing of a barrier lake in the Mataian River (馬太鞍溪) in September, Cho said the submersible water level sensors given by Japan during the disaster helped Taiwan monitor the lake’s water levels more accurately. Japan also provided a lot of vaccines early in the outbreak of the COVID-19 pandemic,
Kaohsiung Mayor Chen Chi-mai (陳其邁) on Monday announced light shows and themed traffic lights to welcome fans of South Korean pop group Twice to the port city. The group is to play Kaohsiung on Saturday as part of its “This Is For” world tour. It would be the group’s first performance in Taiwan since its debut 10 years ago. The all-female group consists of five South Koreans, three Japanese and Tainan’s Chou Tzu-yu (周子瑜), the first Taiwan-born and raised member of a South Korean girl group. To promote the group’s arrival, the city has been holding a series of events, including a pop-up
TEMPORAL/SPIRITUAL: Beijing’s claim that the next Buddhist leader must come from China is a heavy-handed political maneuver that will fall flat-faced, experts said China’s requirement that the Dalai Lama’s reincarnation to be born in China and approved by Beijing has drawn criticism, with experts at a forum in Taipei yesterday saying that if Beijing were to put forth its own Dalai Lama, the person would not be recognized by the Tibetan Buddhist community. The experts made a remarks at the two-day forum hosted by the Tibet Religious Foundation of His Holiness the Dalai Lama titled: “The Snow Land Forum: Finding Common Ground on Tibet.” China says it has the right to determine the Dalai Lama’s reincarnation, as it claims sovereignty over Tibet since ancient times,
Temperatures in some parts of Taiwan are expected to fall sharply to lows of 15°C later this week as seasonal northeasterly winds strengthen, the Central Weather Administration (CWA) said today. It is to be the strongest cold wave to affect northern Taiwan this autumn, while Chiayi County in the southwest and some parts of central Taiwan are likely to also see lower temperatures due to radiational cooling, which occurs under conditions of clear skies, light winds and dry weather, the CWA said. Across Taiwan, temperatures are to fall gradually this week, dropping to 15°C to 16°C in the early hours of Wednesday
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