Jeffrey Koo Jr. Warned He Might Be Poisoned If He Returned to Taiwan

News Analysis

Jeffrey Koo Jr. Warned He Might Be Poisoned If He Returned to Taiwan

Source: China Times

July 30, 2009

The Taiwan trade journal Business Weekly recently reported certain hitherto unknown revelations surrounding former President Chen Shui-bian’s family financial scandals which took place back in 2006.   Jeffrey Koo Jr., former vice chairman of Chinatrust Financial Holdings Company, had become a fugitive of the law and spent 720 days in exile in Japan from December 2006 to November 2008 over his involvement in the Hung Huo (Red Fire) scandal as well as other scandals involving the Chen family.   According to Business Weekly reports, Koo had been stopped from returning to Taiwan by a “mysterious power.”

Hung Kwei-san, Jeffrey Koo Jr.’s lawyer, had reportedly sent his son Hung Sheng-wei to Japan to strongly advise Koo not to return to Taiwan.  Hung Sheng-wei had told Koo that if he returned to Taiwan, he would be taken into custody and might be poisoned in the detention center, giving him no chance to reveal his side of the story concerning the facts behind the unfolding scandals involving the Chen family.

However, Jeffrey Koo Jr. had insisted on returning to Taiwan.  Jeffrey Koo Sr. called his son from Taiwan and angrily told him, “I order you not to come back to Taiwan.”  Ten hours before boarding a homebound flight, Koo Jr. was again forced to give up his travel plans.

The same report also indicated that Tsai Ming-che, brother of Wu Shu-jen’s confidant, had met with a friend of Koo Jr., after the fact that Chinatrust Financial Holdings Company was fighting for control over the Mega Financial Holdings Company became public knowledge in March 2006.  Tsai asked Koo Jr.’s friend to relay a message from Wu Shu-jen to Koo Jr., saying, “The Vice chairman dared to buy Mega Financial Holdings Company stock without telling Wu Shu-jen in advance.  Wu was most displeased when she read the news in the papers.”

When Koo Jr. heard the message, he told his friend, “I didn’t dare tell Wu about my plans.  Wu is obsessed with playing the stock market.  If I had told her about my plans, she would have bought stock in the Mega Financial Holdings Company, and if she had not turned a handsome profit, I might have had to make up her losses.”

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