Reported about 1 year ago
Former Taoyuan City Mayor and current Chairman of the Taiwan Strait Exchange Foundation, Cheng Wen-tsang, is suspected of violating anti-corruption laws, including bribery related to duty, and was requested by the Taoyuan District Prosecutors Office to be detained and denied visitation rights. The Taoyuan District Court held a bail hearing yesterday afternoon, ruling for a 5 million New Taiwan Dollar bail, with restrictions on residency, exiting the country, and maritime travel; the prosecution objected. After Cheng Wen-tsang paid the bail yesterday afternoon and left the court with his lawyer, he released a statement for the first time late at night asserting his innocence. The Taiwan Strait Exchange Foundation has announced that Cheng Wen-tsang has resigned as Chairman. Yahoo News will continue to provide updates on this story as it develops. Cheng Wen-tsang, known for his political career including positions such as Vice Premier of the Executive Yuan and Mayor of Taoyuan, is involved in allegations of bribery and corruption, causing a stir in various circles. The judicial process is ongoing.
Source: YAHOO