Reported 8 months ago
On June 24, 2024, Wang Guifeng, former chairman of Taichung Commercial Bank, was granted bail of 150 million yuan and must regularly report to the police station at his residence, surrender Taiwan and Canadian passports. Amid the bank's struggle involving asset misappropriation, many blue and green party legislators have good relations with Wang. Wang Guifeng, focusing on sports development, sponsored various sports events like volleyball, archery, baseball, triathlons, and karting, earning praise for his efforts. Originally founded in 1953, Taichung Bank has faced various challenges over the years, with Wang Guifeng bringing a new approach as chairman by actively supporting sports and expanding the bank's international presence.
Source: YAHOO