Reported about 1 year ago
According to Ling Tao, the deputy executive of the National Policy Foundation, Cheng Wen-tsan is suspected of involvement in corruption, and has deposited 5 million NTD for bail. The case involves a 9.5-hectare agricultural land outside the Huaya Science Park, with an estimated profit of up to 5.747 billion NTD. Cheng was unable to complete the deal, resulting in the refund of 5 million NTD. This incident raises questions about high officials profiting from land speculation while ordinary citizens struggle with housing loans.
Source: YAHOO