The China Post
Date: November 1, 2017
By: Hsiao Po-wen, Wang Yang-yu and Evelyn Kao

TAIPEI (CNA) – The Taipei District Prosecutors’ Office on Tuesday sought a sentence of

Chao Teng-hsiung, right, founder of the Farglory Group, reports to police authorities on Nov. 1, 2017. The Taipei District Prosecutors’ Office on Tuesday sought a sentence of 24 years in prison for Chao on charges that include bribery and breach of trust. (NOWnews)

24 years in prison for Farglory Group (遠雄集團) founder Chao Teng-hsiung (趙藤雄) on charges that include bribery and breach of trust.

The Taipei District Court granted prosecutors’ requests on July 1 to detain Chao, who controls Farglory Land Development Co. and its main affiliated companies, and two others on suspicion of bribery and embezzlement involving several public construction projects. The other two were New Taipei City Councilor Chou Sheng-kao (周勝考) and Hung Chia-hung (洪嘉宏), chief secretary of the Construction and Planning Agency (CPA).

After a four-month investigation, prosecutors on Tuesday indicted 31 people involved in the cases, including Chao, Chou and Lee Sush-der (李述德), former head of Taipei’s Department of Finance.    [FULL  STORY]