This article can be found here.
September 12, 2009
Akin to the Bernie Madoff controversies, the Taiwan Ex-President, Chen Shui-bian, was arrested in November for corruption charges. In the four month trial beginning in December, investigations turned up enough evidence to convince a three-judge panel that Shui-bian had been pocketing public monies over a period of eight years, beginning in 2000. The plaintiff focused mainly on the evidence of Mr. Chen's $3.15 million embezzlement from the special presidential fund and the $9 million he received in bribe money concerning a government land deal. None of the judges hesitated in charging the president and his wife a $15 million fine and additional guilty verdicts on embezzlement, consenting to bribes, and money laundering, in addition to a life-sentence in prison. An appeal was automatically filed, as is the case with all trials ending with life-sentencing verdicts.
September 12, 2009
Akin to the Bernie Madoff controversies, the Taiwan Ex-President, Chen Shui-bian, was arrested in November for corruption charges. In the four month trial beginning in December, investigations turned up enough evidence to convince a three-judge panel that Shui-bian had been pocketing public monies over a period of eight years, beginning in 2000. The plaintiff focused mainly on the evidence of Mr. Chen's $3.15 million embezzlement from the special presidential fund and the $9 million he received in bribe money concerning a government land deal. None of the judges hesitated in charging the president and his wife a $15 million fine and additional guilty verdicts on embezzlement, consenting to bribes, and money laundering, in addition to a life-sentence in prison. An appeal was automatically filed, as is the case with all trials ending with life-sentencing verdicts.
Mr. Chen was the leader of the Democratic Progressive Party, hoping to distance Taiwan from the Chinese Government by creating a more democratic state. Chinese leaders were particularly repelled by Shui-bian because they were hoping for a Taiwan reunification. Many DPP supporters believe the scandal to originate from the encouraged "witch hunt" of Ma Ying-jeou, the new president and leader of the Kuomintang, the governmental organization that, instead, pursues close ties with the Chinese government, rather than prizing independence like the DPP. Conspiracy, anyone?
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