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May 29, 2017

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Farglory chair claims he is a victim of alleged bribery

TAIPEI, Taiwan -- Farglory Group Chairman Chao Teng-hsiung (趙藤雄), during his first court session at the Taipei District Court yesterday, said that he is a victim, not a beneficiary, of the alleged bribery over a public housing development project in Taoyuan.

Chao is accused of ordering a senior Farglory executive Wei Chun-hsiung (魏春雄) to give a bribe to former Taoyuan Deputy Magistrate Yeh Shih-wen (葉世文) via a college professor Tsai Jen-hui (蔡仁惠) to secure the public housing contract, which Farglory won in April.

The suspects were arrested and detained after Yeh allegedly received a bribe of NT$16 million in May.

While investigating the alleged bribery, prosecutors further discovered that Yeh allegedly took bribes from Chao in another affordable public housing project in Linkou, New Taipei City, when he still served as director-general of the Construction and Planning Agency (CPA). The project site is located nearby Taiwan Taoyuan International Airport MRT stations.

During the court session yesterday, Chao stressed that he gave the money to Yeh because he dared not to offend the former deputy magistrate. Chao further said that the money that he gave to Yeh was from his own pocket, stressing that he did not use the company's funds to bribe Yeh. He denied the prosecutors' accusation of using shareholders' money to accomplish his own ambitions.

Chao on Linkou Project

The chairman said after Farglory inked the contract of the Linkou housing project, Yeh proactively came to him and asked for a bribe. He said he was "forced" gave NT$4 million to Yeh, but was told the money was not enough and later gave another NT$1 million to him. Chao said he gave a total of NT$5 million to Yeh for the Linkou project, which is different from Yeh's claim of NT$4 million.

As for the affordable housing project in Bade District of Taoyuan, Chao said he was very angry when Yeh demanded for NT$26 million, noting that, however, he was afraid of offending him so he offered only NT$16 million.

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