Executives involved in labor fund scandal freed on bail
12/23/2020 01:03 PM
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Taipei, Dec. 23 (CNA) A Taipei court on Tuesday rejected a prosecutors request to detain four executives of an asset management firm suspected of manipulating stock prices in a labor fund bribery case and ordered them released on bail due to insufficient evidence.
After questioning the suspects, the Taipei District Prosecutors Office filed a request early Tuesday morning to detain Uni-President Assets Management Corp. Vice President Chueh Chih-chang (闕志昌), managers Sun Ming-cheng (孫民承) and Kuo Shi-ching (郭士慶), and analyst Yu Jian-yeh (俞建業).
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