Why Did Wu Dongjin Need 100 Million Bail? FSC Confirms 'Prosecutor Stationed at Commission Transferred for Investigation' - Analysis of Two Key Foci of the Investigation

Reported 7 months ago

New Kinpo Group founder and current chairman of New Kinpo Hospital, Wu Dongjin, left the New Taipei District Prosecutors' Office after posting a 100 million bail on June 12. The case involves allegations related to New Kinpo Group and New Kinpo Life Insurance, focusing on irregularities concerning a development in New Taipei City that reportedly caused losses to the insurance company. Wu Dongjin was required to post bail of 1 billion NTD. The investigation also delves into activities involving the company and its board members, including renting out properties to related parties without proper disclosure and consent.

Source: YAHOO

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