Reported 7 months ago
On June 12, 2024, Taiwan's Progressive Party members, Yang Peihua and Wu Yijie, accused legislator Xu Qiaoxin of violating the Banking Law. Xu was implicated in a money-laundering and fraud case involving her uncle's family. The Party believes that Xu Qiaoxin failed to disclose information clearly and reported her for alleged fraud, profiteering, and misconduct. They also allege Xu's mother-in-law's property, with 1 house and 3 loans, possibly overloaned through Taipei Fubon Bank, suspecting intermediation by Xu Qiaoxin. They raised concerns regarding the rapid succession of loans within a short period and Xu Qiaoxin's potential special connections with the bank. The Party emphasized the need for further investigation by the authorities.
Source: YAHOO