Reported 7 months ago
In a current investigation, former Shin Kong Life chairman Wu Dongjin allegedly engaged in favoritism towards the business 'New Banjieshibao', causing a loss of around 1.5 billion New Taiwan Dollars for Shin Kong Life. Wu was bailed for 1 billion NTD due to suspicions under the Insurance Law. Wu's actions involved rental agreements and undisclosed transactions leading to damages for the insurance company. The case is being pursued under severe penalties for breach of trust in the insurance sector, with multiple individuals involved in the investigation and bail process.
Source: YAHOO