Reported about 1 year ago
On July 6, 2024, at 4:40 a.m., Zheng Wencan, Chairman of the Straits Exchange Foundation, was detained by the prosecutors for alleged violation of the Anti-Corruption Act and was released on bail for 5 million NT. KMT legislator Xie Longjie had previously predicted that Lai Ching-te would establish authority, and the 'killing chickens to warn monkeys' approach towards Zheng Wencan would reduce challenges against Lai Ching-te. The court ruled out any criminal suspicion of money laundering in Zheng Wencan's case but recognized significant criminal suspicion of bribery. Xie Longjie emphasized the need to investigate and deal strictly with collusion between officials and businessmen.
Source: YAHOO