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Former Taiwanese President Detained over Laundering Ties: Reports

Taiwanese police detained the country's former president Tuesday as part of an investigation into an alleged money laundering scheme, according to media reports. Taiwanese officials disclosed in August that Chen Shui-bian and his family were the subjects of an investigation over the alleged wiring of more than $50 million in campaign funds to Swiss bank accounts in 2007. Chen has said that the transactions by his wife, son and daughter-in-law were made without his knowledge, according to various news agencies. On Tuesday, investigators handcuffed and detained the former president, who finished his eight-year term in May, according to Tuesday report...

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