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Sunday, 22 November 2009
Chen’s son had key role
Information from the Swiss authorities indicates that the son of Taiwan’s convicted ex-president played a ‘leading role’ in laundering US$21 million (S$29 million), a newspaper reported on Sunday.
TAIPEI - Information from the Swiss authorities indicates that the son of Taiwan’s convicted ex-president played a ‘leading role’ in laundering US$21 million (S$29 million), a newspaper reported on Sunday.
Chen Chih-chung was convicted of money laundering and sentenced to jail in September, alongside his father Chen Shui-bian who was convicted of taking bribes and embezzling state funds in a case that gripped the nation.
But the family has launched an appeal, with Chen junior claiming he had a ‘passive role’ in the affair and was only acting on the instructions of his wheelchair-bound mother.
Taiwan prosecutors last year sought Swiss help with their probe into allegations that the Chen family illegally wired abroad and deposited US$21 million in Swiss bank accounts.
‘After a year, the Swiss authorities last month delivered to Taiwan a box of information regarding the bank accounts,’ the China Times said, without giving a source.
‘An initial review of the related documents indicate that Chen Chih-chung had played a leading role in laundering the money,’ it said, adding that prosecutors hoped this would give them solid evidence to challenge the appeal. -- AFP
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Chen’s son had key role
AFP
22 November 2009
TAIPEI - Information from the Swiss authorities indicates that the son of Taiwan’s convicted ex-president played a ‘leading role’ in laundering US$21 million (S$29 million), a newspaper reported on Sunday.
Chen Chih-chung was convicted of money laundering and sentenced to jail in September, alongside his father Chen Shui-bian who was convicted of taking bribes and embezzling state funds in a case that gripped the nation.
But the family has launched an appeal, with Chen junior claiming he had a ‘passive role’ in the affair and was only acting on the instructions of his wheelchair-bound mother.
Taiwan prosecutors last year sought Swiss help with their probe into allegations that the Chen family illegally wired abroad and deposited US$21 million in Swiss bank accounts.
‘After a year, the Swiss authorities last month delivered to Taiwan a box of information regarding the bank accounts,’ the China Times said, without giving a source.
‘An initial review of the related documents indicate that Chen Chih-chung had played a leading role in laundering the money,’ it said, adding that prosecutors hoped this would give them solid evidence to challenge the appeal. -- AFP
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