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Former Taiwanese president indicted on new charges

Taiwanese prosecutors have indicted former President Chen Shui-bian on new bribery and money-laundering charges.



Taipei (Taiwan): Taiwanese prosecutors have indicted former President Chen Shui-bian on new bribery and money-laundering charges.
Chen is currently serving a life sentence after a court convicted him of wide-ranging corruption offenses in September. He is appealing that conviction.

Thursday`s indictment says Chen received bribes worth 610 million New Taiwan Dollars ($19 million) from bankers in connection with two merger deals. It says he shared part of the money with his wife, Wu Shu-chen.

Wu was also convicted of corruption offenses in September, and like Chen, sentenced to life. But unlike Chen, she is not being held in prison while her case is appealed.

Bureau Report

From Zee News

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