Taiwan News
Date: 2015-07-24
By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – The chairman and CEO of Chang Guann Co. were sentenced to 20
20 years in jail for oil scandal executives. Central News Agency (2015-07-24 18:54:54)
years in prison each and the company was fined NT$50 million (US$1.59 million) Friday for their part in the adulterated oil scandal which rocked Taiwan last year.
The company was accused of having worked substandard lard oil unfit for consumption into edible oil products, which it sold on to several food manufacturers.
Of eight individuals indicted for the scandal, Chang Guann Chairman Yeh Wen-hsiang, 60, and CEO Tai Chi-chuan, 58, were each sentenced to 20 years in prison by the Pingtung District Court. Appeals were still possible. [FULL STORY]