By: Hsiao Po-wen and Ko Lin
In a statement, the district court said there was a possibility Chao could try to escape and evade trial, since the penalty for corruption carries a minimum five-year sentence.
Considering the influence he has both on the political and business scene, if free to come and go, he could also collude and exert pressure over material witnesses in order to destroy evidence, the Taipei court said.
The suspect has so far been unable to explain the origin of a large amount of cash seized during a recent raid of his home, the court said. [FULL STORY]