Koo, Jr. free on NT$100 mil. bail

Koo ended living overseas as a fugitive for two and a half years and returned to Taipei to face the prosecutors’ probe. Upon his release, Koo told reporters briefly that he came back to answer the prosecutors’ questions, to clear up certain events and minimize the possible adverse impact on the image of the Chinatrust Group.

He declined further comment since the alleged cases are still under investigation. Special Counsel spokesman Chen Yun-nan said Jeffrey Koo testified as a defendant in six cases under the probe by the Taipei Prosecutors Office and also as a witness concerning the Longtan industrial park land transaction case handled by the special criminal investigation division under the Supreme Prosecutors Office.

Chen said Koo was released because he voluntarily turned himself in and fully cooperated in the probe.

Koo was not banned from going abroad, although he is required to give notice to authorities when he takes overseas trips, Chen said.

Former President Chen was taken into custody on charges of forgery, corruption and money laundering on Nov. 12 and has since been held incommunicado at the Taipei detention house in Tucheng.

Koo flew back by his father’s private plane at 10 a.m. and was placed under custody at Taoyuan International Airport. Handcuffed, he was taken to the Special Counsel for questioning.

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