Reported about 1 year ago
On July 6, 2024, former Taoyuan Mayor and current Chairman of the Straits Exchange Foundation Cheng Wen-tsang was suspected of corruption and was being investigated by the prosecutors. He was granted bail of 5 million New Taiwan Dollars by Taoyuan District Court, causing a stir in the political arena. This news also made its way into foreign media, with reports from Bloomberg mentioning Cheng's alleged involvements. The Democratic Progressive Party confirmed that former Vice Premier Cheng Wen-tsang is under investigation but did not provide further details on the allegations. Cheng's appointed lawyer maintains his innocence and is fully cooperating with the investigation, while the Straits Exchange Foundation spokesman stated they respect the judicial investigation process. The article further outlines Cheng's political positions and current roles.
Source: YAHOO