Reported 10 months ago
On June 11, 2024, Cathay Life Insurance was reported to be searched by prosecutors, and former chairman Wu Dongjin was taken in for questioning. The search is related to Wu Dongjin's previous real estate investment case, specifically involving the 'New Ban Jieshibao' project. The company emphasized that the search is unrelated to its operations. Cathay Life Insurance has reported this major incident to the Financial Supervisory Commission, and the investigation is ongoing for potential violations of insurance laws. The company stressed that the search does not affect its operations. Various related individuals have been searched and questioned, and further updates are awaited.
Source: YAHOO