High court upholds acquittals in Chinese money laundering case focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
Taipei, May 17 (CNA) Chinese businessman Xiang Xin (向心) and his wife Kung Ching (龔青) said Tuesday in the Taiwan High Court that they had not been carrying out any money laundering activities in the country, as charged, and they pleaded for the current restrictions on their movements to be lifted.
Taipei, Feb. 24 (CNA) Xiang Xin (向心), executive director of Hong Kong-based China Innovation Investment, and his wife Kung Ching (龔青) who is a company alternate director, were acquitted of money laundering charges by Taipei District Court on Thursday after having been barred from leaving Taiwan since November 2019.
Taiwan Charges Alleged Chinese Spies With Money Laundering
A Hong Kong couple was recently indicted for allegedly violating the Money Laundering Control Act in Taiwan, after being accused as Chinese spies by a defected Chinese military intelligence agent in 2019.
Xiang Xin, CEO of the Hong Kong-based China Innovation Investment Ltd. (CIIL) and China Trends Holdings Ltd., and his wife, Kung Ching as the alternate director, were charged with money laundering by the Taipei District Prosecutors Office (TDPO) on April 8, being suspected of remitting illicit money to banks in Taiwan to purchase luxury homes.
These are the first charges against the couple since November 2019, when self-claimed Chinese spy Wang “William” Liqiang who defected to Australia, claimed that Xiang and Kung were his former bosses who hired him to interfere with Taiwan and Hong Kong affairs.