facebook
twitter
rss
account
search
search
 

Former Taiwanese president indicted

Dec. 12, 2008 at 6:22 AM   |   Comments

| License Photo
TAIPEI, Taiwan, Dec. 12 (UPI) -- Former Taiwanese President Chen Shui-bian was indicted Friday on money-laundering and corruption charges.

The 57-year-old Chen, who has been in detention since last month pending the current investigation, became the first president in the island nation's history to be so indicted, the Central News Agency reported.

The charges stem from Chen's handling of his discretionary "state affairs fund" when he held office from 2000 until May 2008, the report said. They also relate to transfer of funds to foreign accounts held by his family, CNA reported.

The prosecutors sought the "harshest penalty" against the family.

The charges say Chen and family made millions from campaign funds, The New York Times reported.

"Ex-President Chen Shui-bian's crimes are major," a Supreme Court special prosecutor's office spokesman was quoted as saying.

Chen has denied the charges against him, claiming he is being targeted because of his stand against China.

While in office, Chen strongly advocated independence for Taiwan, which mainland China claims as its territory. President Ma Ying-jeou, who succeeded Chen, has sought to pursue a friendlier policy toward China.

© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Lockheed Martin, Roketsan collaborate on F-35 cruise missile Lockheed Martin, Roketsan collaborate on F-35 cruise missile
2
GenDyn UK picks Lockheed Martin for vehicle turrets GenDyn UK picks Lockheed Martin for vehicle turrets
3
Survey: Harvard Law grads earn the most of any grad school in the country Survey: Harvard Law grads earn the most of any grad school in the country
4
Kimberly Guilfoyle: young women should be 'excused' from voting to go on Tinder Kimberly Guilfoyle: young women should be 'excused' from voting to go on Tinder
5
Thailand orders more aircraft from Airbus Helicopters Thailand orders more aircraft from Airbus Helicopters
Trending News
Around the Web
x
Feedback