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FAT Chairman Released on Bail of NT$8 Million

icon2020/04/01
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FAT Chairman Released on Bail of NT$8 Million

 

Source: UDN

April 1, 2020

The Taipei District Court, in a detention hearing held yesterday for FAT Chairman Chang Kang-wei (張綱維), rejected the petition, ruling that there were no grounds for Chang’s detention, releasing him on a bail of NT$8 million (US$264,413). The Taipei District Prosecutors Office stated that it would file an immediate interlocutory appeal against the ruling.

 

Please refer to the post titled “Case Prosecutor Asks Court that FAT Chairman Be Detained Incommunicado for Allegedly Hollowing Out Company” on March 31 for details of the case.

 

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