KMT lawmaker involved in alleged bribery scandal released on bail
01/15/2021 10:15 PM
Legislator Liao Kuo-tung. CNA file photo
Taipei, Jan. 15 (CNA) Kuomintang (KMT) lawmaker Liao Kuo-tung (廖國棟), who has been detained for five months for his alleged involvement in a bribery scandal, was released Friday after paying NT$10 million (US$357,070) in bail.
Liao remains subject to residence restrictions and is barred from leaving the country.
According to the Taipei District Prosecutors Office, Liao was indicted for alleged violations of the Anti-Corruption Act in September last year in a case related to ownership of the Pacific SOGO Department store chain.
The lawmaker is believed to have accepted NT$7.9 million in bribes from former Pacific Distribution Investment Co. Chairman Lee Heng-lung (李恆隆) to illegally help in his legal battle against the Far Eastern Group over ownership of the department store chain.