FAT chairman held incommunicado, bail revoked

Focus Taiwan
Date: 04/02/2020
By: Liu Hsih-yi and Ko Lin

FAT chairman Chang Kang-wei (second from right)

Taipei, April 2 (CNA) The Taipei District Court ordered Thursday that Chang Kang-wei (張綱維), chairman of Far Eastern Air Transport Corp. (FAT), be detained and held incommunicado on charges of fraud and embezzlement.

The Taipei District Court approved Chang's incommunicado detention two days after prosecutors appealed its decision to release him on bail after a preliminary hearing of the case.

According to prosecutors, Chang was charged in connection with false property declarations, fraud and embezzlement.

He has been under investigation since FAT abruptly canceled all its flights last December and laid off nearly 1,000 employees, citing financial problems.    [FULL  STORY]

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