Reported 11 months ago
On June 11, 2024, at 3:02 am, prosecutors summoned Wu Dongjin and others as defendants under suspicion of violating insurance laws related to the New Cathay Life Investment. The investigation involves alleged financial irregularities in the development of the 'Cathay Fortress Aerobic Park' in the prime area of New Taipei City. The project, which included top-notch facilities and luxury residences, faced accusations of construction cost manipulation and corruption. As Cathay Life belongs to the insurance industry, subject to strict regulations, the case has sent shockwaves across various sectors. Wu Dongjin faces interrogation as the truth awaits judicial clarification.
Source: YAHOO