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Bureau officer one of six suspects in lighthouse case

Bureau officer one of six suspects in lighthouse case CORRUPTION CASE: Investigators said Sheng received bribes from a contracting firm owner, and colluded with a law firm to forge paperwork By Jason Pan / Staff reporter A Maritime and Port Bureau technical officer surnamed Sheng (盛) was among six people yesterday listed as suspects in a probe into allegations of bid rigging, bribery and collusion involving work on the nation’s lighthouses, after raids conducted this week. The six, who were released on bail, were among 10 people summoned on Tuesday for questioning at the Taipei District Prosecutors’ Office. A officer at bureau’s Maritime Safety Division, Sheng paid bail of NT$150,000, while the other five, who were from a contracting company and a law firm, paid NT$50,000 to NT$150,000 each.

Asset management CEO arrested in Taiwan pension fund scandal | Taiwan News

2020/12/11 13:17 PJAM CEO Tang Chu-lie (left), Fuh Hwa Chief Investment Officer Chiu Ming-chiang (CNA photos) PJAM CEO Tang Chu-lie (left), Fuh Hwa Chief Investment Officer Chiu Ming-chiang (CNA photos) TAIPEI (Taiwan News) The CEO and other executives of one of Taiwan s largest asset management companies are being held incommunicado after being questioned over an alleged national labor fund investment scandal, the Taipei District Prosecutor’s Office said Friday (Dec. 11). The office launched the third stage of its bribery investigation on Thursday (Dec. 10). A Ministry of Labor official responsible for labor fund management was arrested two weeks ago for allegedly engaging in stock speculation.

Taipei Prosecutor s Office investigates alleged Taiwan stock speculation | Taiwan News

2020/12/10 21:05 PJAM CEO Tang Chu-lie (center) PJAM CEO Tang Chu-lie (center) (CNA photo) TAIPEI (Taiwan News) The Taipei District Prosecutor’s Office on Thursday (Dec. 10) launched the third stage of an investigation into possible labor fund stock speculation. Officials on Thursday interviewed Fuhua Trust Firm s chief investment officer Chiu Ming-chiang (邱明強), Fuhua Trust asset manager Liu Chien-hsien (劉建賢) and researcher Chen Chou-lun (陳周倫), PJ Asset Management Co. CEO Tang Chu-lie (唐楚烈), and PJ Asset Investment Director Chiu Yu-yuan (邱裕元). Most notably, Tang went from being a witness to a defendant, Liberty Times reported. According to the prosecutors’ findings so far, Tang and Chiu conspired last May to manipulate the shares of Far Eastern Group using the funds of PJ Asset Management to raise the department store chain’s stock prices. This allegedly continu

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