Reported 7 months ago
Former Chairman of New Light Financial, Wu Dongjin, involved in the 'New Board Jie's Castle' scandal, was released on bail with 100 million NTD this morning. The exclusive report by this magazine revealed that New Light Life's investment in 'New Board Jie's Castle' was suspected of illegal profiteering, leading to the summoning of Wu Dongjin and others. After overnight questioning, Wu Dongjin posted bail with 100 million NTD this morning. Investigations found that irregularities in construction costs and rental agreements caused significant losses for New Light Life. Multiple high-ranking officials from the company also posted bail.
Source: YAHOO