Former President Chen Shui-bian’s son-in-law Zhao Jianming and in-law Zhao Yuzhu were sentenced to prison for opening a case in Taiwan. The two applied to serve their sentences in Mingde Foreign Service Prison last year and were approved. After Zhao Jianming was released on parole in April this year, the Correctional Department of the Ministry of Justice also approved it on May 3 this year. In Zhao Yuzhu’s parole case, the High Court said today that Zhao Yuzhu was granted protection and control during his parole. Can be protested.
The press release of the Taiwan High Court stated that Zhao Yuzhu was sentenced and executed successively for violating the Securities Exchange Act, and was approved for parole by the Correctional Office of the Ministry of Justice on May 3; According to the evidence, Zhao Yuzhu was ordered to be protected and restrained. Can be protested.
In this regard, the Correctional Office of the Ministry of Justice pointed out that Zhao Yuzhu will be released from prison on parole after receiving the protective control order from the District Prosecutor’s Office. However, according to the regulations, after Zhao Yuzhu was released, he had to report to the guardian of the District Prosecutor’s Office within 24 hours.
Zhao Yuzhu was accused of using Taikai’s insider information with his son Zhao Jianming and others to preemptively buy Taikai’s stock during the 1994 period of the Republic of China, and sell it to earn the difference when the stock price rose. After years of trial, the High Court sentenced Zhao Jianming to 3 years in August and Zhao Yuzhu to 4 years in the fifth trial. The Supreme Court rejected the appeal in October 2010 and the case was settled.
In addition, during the investigation of the insider trading case of Taikai, it was discovered that Zhao Yuzhu had embezzled the public funds of the Billiards Association of the Taiwan Provincial Sports Club to speculate in stocks; In 1996, the Criminal Commutation Act applied for commutation, and the High Court ruled that commutation should be confirmed in July.
Prosecutors applied for the execution of Zhao Yuzhu’s two cases of insider trading and public interest embezzlement in accordance with the provision of combined punishment for multiple crimes; the High Court ruled last year that the two cases should be executed for four years and three months. After Zhao Yuzhu and his son were imprisoned, they applied to the prison for the selection of foreign service prisons around January last year, and they were all approved by the resolution and allocated to Fangde foreign service prisons; Zhao Jianming was approved for parole by the Department of Corrections on April 19 this year, and the prosecutor appealed to the High Court Parole is subject to protection, and the collegial panel ruled to be subject to protection.
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2023-05-05 09:40:51
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