New Jieshi Fort of Shin Kong implicated in fraud, Wu Dongjin summoned by authorities, Shin Kong: Cooperating in accordance with the law, search unrelated to operation

Reported about 1 year ago

Shin Kong New Life Investment's New Jieshi Fort is suspected of involvement in wrongdoing, leading to 18 separate searches by the New Taipei City Prosecutor's Office today. Wu Dongjin and 17 other defendants, along with 2 witnesses, were summoned for questioning. Shin Kong responded that they are cooperating with the lawful search procedure, clarifying that the search has no connection to the company's operations. Allegations include renting out New Jieshi Fort to insiders without the rent entering Shin Kong New Life, and misappropriating engineering funds. Shin Kong stated that the search has no impact on the company's financial operations.

Source: YAHOO

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