Reported about 1 year ago
New Life Insurer's investment in 'New Ban Jieshibao' two years ago, which incorporated group medical and security resources and was marketed with a hotel-style management approach, has been accused of irregularities during the construction process. Prosecutors launched 18 searches, summoning former chairman Wu Dongjin and 17 others for questioning. Wu Dongjin, also the founder of Shin Kong Financial Group, was later transferred to the New Taipei District Prosecutors Office on suspicion of violating insurance laws. Allegations include providing the castle to related parties for free and evading breakfast material costs. The insurer emphasized the searches were unrelated to its operations, and legal cooperation was extended during the investigation.
Source: YAHOO