Former Hon Hai executive, middleman detained in bribery probe
Central News Agency
2014-01-22 10:09 PM
Taipei, Jan. 22 (CNA) The Taipei District Prosecutors Office on Wednesday detained Liao Wan-cheng, former senior deputy general manager of Hon Hai Precision Industry Co., and a middleman on suspicion of taking kickbacks from the company's suppliers. Prosecutors obtained the Taipei District Court's permission to detain Liao one day after they launched an investigation into former executives of a technical committee under the Hon Hai's affiliated Surface Mount Technology (SMT) on suspicion that he and others had taken over NT$100 million (US$3.3 million) in kickbacks from the company's material suppliers. Prosecutors also asked that former secretary-general of the SMT committee Teng Chih-hsien, Hao Hsu-kuang, a middleman between the committee members and suppliers, be detained and held incommunicado. The Taipei District Court granted the request in Hao's case but ruled to release Teng on NT$3 million bail. However, Teng will be confined to his residence and barred from leaving the country, according to the court, which also ruled that Liao should be held in detention. Hon Hai said that its auditors uncovered incidents of bribery in September 2012 and reported their findings to judicial authorities in China and Taiwan for further investigation. The matter came to public attention in a report published Wednesday in the tabloid Next magazine. (By Jalen Chung and Y.L. Kao)
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