Ex-president Lee might face fresh indictment
ROC Central News Agency
2011/07/02 17:50:42
Taipei, July 2 (CNA) Former President Lee Teng-hui might get hit with another indictment as Taiwan's prosecutors are collecting evidence from overseas regarding his alleged money laundering to Singapore while in office, prosecution authorities said Saturday.
According to sources, prosecutors with the Special Investigation Division (SID) are cooperating with Singapore's judicial authorities in investigating several bank accounts managed by Liu Tai-ying, then Lee's close aide, in a bid to track the money that was allegedly laundered by the former president.
Local media has reported that Lee, using bank accounts of several proxies related to Liu, had wired hundreds of millions of Taiwan dollars to Singapore while serving as president from 1988-2000.
"Taiwanese prosecutors are still working on the case, which is separate from the recent embezzlement indictment against Lee," the sources said, adding that SID prosecutors have summoned Liu for questioning.
Lee was formally indicted Thursday by SID prosecutors on charges for embezzling US$7.79 million in national security funds to create a private non-profit organization. But no jail term is being sought for Lee because of his advanced age. He is 88.
However, the sources denied that another former president, Chen Shui-bian, who succeeded Lee in 2000, blew the whistle on Lee's suspected national security fund embezzlement.
Local media has reported that Chen brought up Lee's activity in a court hearing of his own corruption charges in September 2008.
Chen's daughter, Chen Hsing-yu, claimed Friday, after a visit to her father, that Lee's embezzlement indictment has nothing to do with Chen. The paper bag of documents he submitted to the court contained information about another case, she argued.
Chen is now serving a 17.5-year jail term on corruption charges at Taipei Prison.
(By C. S. Lin and Flor Wang) enditem/ly
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