Former Chairman Wu Dongjin Released on One Billion Bail within 3 Hours via Money Transfer

Reported 7 months ago

Former Chairman Wu Dongjin of Shin Kong Life Insurance was involved in a corruption case and was granted bail of one billion NT dollars. Within three hours, he managed to raise the required amount, which is rare, using money transfer to pay the bail. Under the escort of bodyguards, he left the prosecutor's office. There have been similar cases in the past where individuals posted bail amounts over hundreds of millions, such as Far Eastern Group founder Chao Teng-Hsiung, who raised five hundred and fifty million NT dollars bail in just half an hour.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis