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Ex-labor official, asset managers indicted over labor fund scandal 02/08/2021 03:25 PM Yu Nai-wen (left). CNA file photo Taipei, Feb. 8 (CNA) The Taipei District Prosecutors Office on Monday indicted a former labor ministry official and 11 members of four local asset management firms on charges of corruption and manipulating stock prices in a labor fund bribery case. Yu Nai-wen (游迺文), former head of the domestic investment division of the Bureau of Labor Funds (BLF) under the Ministry of Labor (MOL), was indicted for violating the Anti-Corruption Act and the Securities and Exchange Act by accepting bribes from PJ Asset Management Co. CEO Daniel Tarng (唐楚烈) and executive Chiu Yu-yuan (邱裕元), giving the firm illicit gains of NT$180 million (US$6.44 million), according to the indictment.

T ai peiChiu ming chiangDaniel tarngYu nai wenChueh chih changKuo shih chingHsieh chih yingJoseph yehYu chien yehTang ming chenChen chou lunPj asset management coCapital investment trust corpFuh hwa securities investment trust coDepartment of civil service ethicsMinistry of justice