Huang Tsung-hung (
Chung Shing Bank has been under investigation for the over-extension of loans to Taiwan Pineapple Corp and other dummy companies allegedly established by Huang using other people's names.
Huang was handed over to the Taipei District Prosecutors Office at 10:20pm yesterday after spending 12 hours at the MJIB. He was released just after midnight on NT$3.5 million bail.
Huang was likely to be accused as an accomplice in a breach of trust for his illegal dealings with Chung Shing Bank, one prosecutor said.
Nearly all the major figures involved in the web of allegedly illegal loans made by Chung Shing Bank have now been interrogated.
During questioning, the bank's president Wang Yu-yun (
Wang Yu-yun was released on NT$3 million bail on suspicion of violation of trust on Wednesday night, while Wang Shuen-ren has been in detention since last Saturday.
The two Wangs will be questioned together next week to work out contradictions in their stories, a prosecutor said yesterday.
Huang might also be included in the joint questioning.
One of the key points concerning the investigation of Huang is whether loans were granted by Wang Yu-yun and the board of the bank.
In addition to this, the prosecution is trying to find out if some members of the bank's board knew in advance that Huang was using dummy companies to borrow loans without collateral.
If the board knew, prosecutors want to find out why the loans were nevertheless granted, and whether there were any members of the board receiving under-the-table payments.
Huang's appearance before the MJIB came in the wake of his failure to answer two previous summonses and being threatened with the issue of a warrant for his arrest if he did not comply.
Huang was accompanied by the financial manager of Taiwan Pineapple, Chen Ming-yi (
Evening papers reported yesterday that there appeared to be two versions of Chung Shing Bank loan documents -- one with Wang Yu-yun's signature and one without and thus at least one had been faked.
However, the prosecutors office declined to comment on the alleged discrepancies.
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