Breaking News, World News and Taiwan News.

MOJ to keep asking for Chinese help on fugitive

The China Post news staff--The Ministry of Justice (MOJ) yesterday said it will continue to urge Chinese authorities to help send back fugitive tycoon Chen You-hao (陳由豪), who is reportedly moving freely in the mainland.

Since the Cross-Strait Joint Crime-Fighting and Judicial Mutual Assistance Agreement took effect in 2009, Taiwan has officially asked for assistance from authorities in Beijing three times to return the wanted businessmen for trial, the MOJ said in a statement. So far such efforts have been unsuccessful, it added.

The MOJ said it will continue to work with the Cabinet-level Mainland Affairs Council and local judicial authorities to push their Chinese counterparts to apprehend the wanted tycoon as soon as possible.

The MOJ's comment come after Chen was spotted by a local newspaper in Xiamen on China's southeast coast earlier this week.

The former chairman of the now defunct Tuntex Group (東帝士集團) was found throwing a luxurious reunion party with his university classmates at a five-star hotel Monday, the Chinese-language Apple Daily said.

Chen has reportedly owned petrochemical and real estate businesses in Xiamen for several years, the report said.

The 72-year-old was indicted on charges of breach of trust and reportedly left Taiwan in August 2002. He has been accused of stealing about NT$800 million from the Tuntex Group's subsidiary Tunghua Development in 1995 and investing the money in China.

He has been on the country's most wanted list since 2003.

1 Comment
November 3, 2012    carlostpe24@
A warning to all foreigners in Taiwan: Beware of Taiwanese entrepreneurs. I’ve been here 32 years...They’re all birds of the same feather.
Write a Comment
CAPTCHA Code Image
Type in image code
Change the code
 Receive China Post promos
 Respond to this email
Subscribe  |   Advertise  |   RSS Feed  |   About Us  |   Career  |   Contact Us
Sitemap  |   Top Stories  |   Taiwan  |   China  |   Business  |   Asia  |   World  |   Sports  |   Life  |   Arts & Leisure  |   Health  |   Editorial  |   Commentary
Travel  |   Movies  |   TV Listings  |   Classifieds  |   Bookstore  |   Getting Around  |   Weather  |   Guide Post  |   Student Post  |   English Courses  |   Terms of Use  |   Sitemap
  chinapost search