Prosecutors raid two financial firms on suspicion of illegal dealings

The Supreme Prosecutor Office launched a massive search of two major financial companies Wednesday, based on tipoffs that the firms were involved in illegal property and stock transactions. Some 448 prosecutors and policemen were mobilized to carry out the search of the Taipei headquarters of Financial Holding Co. and the Gobo Group, as well as residences of senior executives, according to the Special Investigation Division (SID).

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