【Comprehensive news from Qiaobao.com】In 2005, a "Mitsui Banquet" by the rich and powerful detonated the insider trading scandal of Taikai (Taiwan Land Development Corporation) nearly 16 years later, Taiwan High Court ruled on the 29th of this month, Chen Shuibian's son-in-law Zhao Jianming was sentenced to 3 years and 8 months in prison for insider trading, and was previously sentenced to 3 months in prison for perjury.
Comprehensive China News Agency , Taipei Zhongshi News reported that during Chen Shui-bian’s administration in 2001, his daughter Chen Xingyu married Zhao Jianming, an orthopedic surgeon at National Taiwan University Hospital. Becoming Chen Shui-bian's in-laws, political and business celebrities are scrambling to find dinner and a relationship partner, and Zhao Yuzhu never tires of it.
In 2005, Zhao Jianming was invited to Mitsui Japanese Restaurant to have dinner with Su Dejian, the chairman of Taikai at the time, and You Shiyi, a stock market investor. , Get rid of it when the stock price of Taiwan rises, and earn huge profits. In late May 2006, the Taiwan-opened insider trading case broke out, and Zhao Jianming was detained until July of the same year when he was prosecuted and sent to the North Court for trial and released on bail.
Zhao Jianming. (Source: Taipei Zhongshi News Network data map)
Taipei District Prosecutor's Office prosecuted in July 2006 for violating the "Securities Exchange Law". Zhao Jianming was sentenced to 6 years in prison by the court. The case was remanded by Taiwan’s Supreme Court for retrial many times, and the high court’s second and second instance sentences were aggravated and the sentence changed to 7 years. Until the third trial, it was determined that the profit from insider trading did not exceed NT$100 million, and it began to be sentenced to 4 years in prison; In the fourth trial, the sentence was changed to 3 years in prison, and in the fifth trial, the sentence was commuted to 3 years and August in accordance with the expedited trial law. The Supreme Court rejected the appeal in October and the case was decided.
In addition, when Taiwan's Higher Prosecutor's Office investigated Chen Shuibian and others in 2006, Zhao Jianming and others provided perjury to the prosecution and were sentenced to 3 months in prison.
Prosecutors appealed to the court to order the execution of Zhao Jianming's finalized part in the above two cases. After accepting the case, the Taiwan High Court considered Zhao Jianming's crimes, circumstances of harm, infringement of legal interests, and number of crimes, etc., and ruled that the execution should be carried out for 3 years and 10 months, and he could appeal.
Zhao Jianming served his sentence in Taichung Prison on October 25. (End)
