Former Chairman of Taiwan Tackling Company, Qiu Fusheng, Suspected of Violating Securities Trading Law, Faces Investigation Bureau Search and Interrogation

Reported 11 months ago

Qiu Fusheng, the former chairman of Taiwan Tackling Company, is under investigation for allegedly presenting false financial statements in 2020, failing to properly disclose a 2 billion+ NT loan from private sources in the company's financial reports. Qiu Fusheng and other individuals have been searched by the investigation bureau and questioned. The company has cooperated with authorities, handed over relevant documents, and expressed their willingness to clarify the situation. The case is ongoing to uncover details of the suspected false transaction records and the involvement of Qiu Fusheng and his daughter, Qiu Yuyun, in the matter.

Source: YAHOO

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