Former Cabinet official Lin freed on NT$50 million bail
The China Post news staffFormer Executive Yuan Secretary-General Lin Yi-shih, who was indicted on corruption-related charges Thursday, was released after his family came up with the NT$50 million bail in 17 hours yesterday evening.
October 27, 2012, 12:01 am TWN
Lin was earlier escorted back to the Taipei Detention Center after initially failing to post the bail set by the Taipei District Court.
The NT$50 million in cash was delivered at around 7:30 p.m. by Lin's wife, Peng Ai-chia, and her lawyers to the district court in two suitcases and tote bags. Lin and Peng walked out of the district court at 9:30 p.m. after officers finished counting the cash and completed Lin's bail process. Peng's lawyers said that she “borrowed a great deal” from friends and family to raise the money.
The scandal broke in June when a local magazine reported that Lin, while serving as a legislator in 2010, had accepted a bribe of NT$63 million (US$2.1 million) to help a private company secure a lucrative contract.
The bribe was paid by the owner of Ti Yung Co. in Kaohsiung, which was seeking to secure a slag treatment contract from a subsidiary of Taiwan-based China Steel Corp., the magazine reported.
Between February and March this year, after Lin had been appointed secretary-general of the Cabinet, he allegedly demanded a further NT$83 million from the company's owner, Chen Chi-hsiang.
When Chen refused to pay up, Lin allegedly pressured China Steel, a listed company in which the government has a controlling stake, to stop supplying slag to Ti Yung Co.
Lin has denied the charges against him.
Lin's mother Shen Jo-lan, who received the bribe along with Lin, was indicted as another principle offender in the bribery case, according to the indictment.
Lin's wife Peng and his two uncles Shen Huan-zhang and Shen Huan-yao — brothers of Shen Jo-lan — were indicted on the charge of money laundering for concealing the bribe on behalf of Lin, the indictment added.
Chen Chi-hsiang, who gave testimony against Lin as a witness for the prosecutors in the investigation, was probed in a separate case by the Kaohsiung District Prosecutors Office.