The High Court today sentenced a former Financial Supervisory Commission (FSC) official to four years and five months in prison in connection with a stock-rigging case dating back two decades.
The ruling was handed down in the fifth retrial of Lee Chin-cheng (李進誠), who served as director-general of the FSC's Examination Bureau in 2005.
Photo: Wang Yi-sung, Taipei Times
The court reduced his sentence by one month from the previous ruling.
Lee must wear an electronic monitoring device until Aug. 5 next year, during which time he is required to take and submit facial photographs at regular intervals, the court said.
The ruling can be appealed, suggesting the prolonged legal battle may not yet be over.
Lee, a former prosecutor, was first sentenced to 10 years in prison in October 2005 by the Taipei District Court for contravening the Anti-Corruption Act (貪污治罪條例) in an insider trading case involving Power Quotient International shares.
He was found guilty of leaking details of a government investigation into the company to Lin Ming-da (林明達), who used the information to profit from trading Power Quotient stock.
Lee received his lightest sentence in September 2020, when the High Court reduced his jail term to six months, which could have been commuted to a fine at NT$900 per day.
That ruling was later overturned by the Supreme Court and sent back for retrial.
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