Switzerland to return money held in Chen Shui-bian family accounts

Focus Taiwan
Date: 2015/04/29
By: Lin Chung-sen and Evelyn Kao

Taipei, April 29 (CNA) Switzerland’s Supreme Court has ruled that US$6.74

Chen Shui-bian, center. CNA file photo

Chen Shui-bian, center. CNA file photo

million (NT$205 million) on deposit in accounts held by family members of Taiwan’s former President Chen Shui-bian should be returned to Taiwan, investigators said Wednesday.

The money will be remitted to bank accounts designated by the Special Investigation Division (SID) of the Special Prosecutors Office, the SID said.

Chen and members of his family were accused of laundering large sums of money by sending political donations and secret diplomatic funds overseas, taking kickbacks on government contracts and accepting bribes from businessmen during his presidency 2000-2008.     [FULL  STORY]

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