Focus Taiwan
Date: 2016/06/08
By: Yu Kao-hsiang and Elizabeth Hsu
Taipei, June 8 (CNA) The Supreme Prosecutor Office launched a massive search of two major
The two conglomerates are suspected of irregularities that have hurt the financial market and violated the Banking Act and the Securities and Exchange Act, said the SID, which is a unit of the Supreme Prosecutor Office that handles cases of major corruption and economic crimes.
At a press conference, SID Director Kuo Wen-tung (郭文東) said 94 people were also summoned Wednesday for questioning, including Jeffrey Koo (辜仲諒), a major shareholder in CTBC Financial Holding, and Gobo Group Chairman Chu Kuo-rung (朱國榮). [FULL STORY]