Reported 7 months ago
Former Shin Kong Life Chairman Wu Dong-jin has been granted NT$100 million bail after being implicated in causing over NT$100 million in losses to the company through benefiting other related businesses under his control. The case has sparked accusations of political interference, with Nationalist Party lawmaker Lai Shih-pao questioning the motives. However, both the Financial Supervisory Commission and the Ministry of Justice have denied any political involvement in the case, emphasizing that the investigations are based on the Insurance Act.
Source: YAHOO