Court lowers ex-FSC official’s sentence

YEARS-LONG BATTLE: Lee Chin-cheng was initially sentenced to 10 years in prison after being found guilty of leaking information, but his term has been reduced to six months

Taipei Times
Date: Oct 01, 2020
By: Staff writer, with CNA

Lee Chin-cheng, a former prosecutor who served as director-general of the Financial Supervisory Commission Examination Bureau in 2005, is pictured at the High Court in Taipei on April 24, 2006.
Photo: Wang Yi-sung, Taipei Times

A former Financial Supervisory Commission (FSC) official involved in an insider-trading case that began more than decade ago had his sentence reduced to six months by the High Court yesterday.

Lee Chin-cheng (李進誠), a former prosecutor who served as director-general of the commission’s Examination Bureau in 2005, had a previous six-year sentence reduced to one year by the High Court after it was ordered by the Supreme Court in July 2017 to review the case.

The High Court then reduced the one-year sentence to six months based on the provisions of the 2007 Criminal Commutation Act (罪犯減刑條例), which allows offenders convicted prior to April 24, 2007, to have their sentences reduced.

The High Court did not immediately explain why Lee, indicted for leaking confidential information to an investor, was given a lighter punishment.    [FULL  STORY]

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