Back to list

Ex-lawmaker may be placed on wanted list: prosecutors

2012/04/23 19:22:59

Taipei, April 23 (CNA) Former independent legislator Lo Fu-chu, who is scheduled to start serving his prison term Tuesday, will be put on the nation's wanted list if he fails to report for his sentence that day, prosecutors said Monday.

Lo, who is said to have fled to China, is supposed to report to officials with the Taipei Prosecutors' Office and start serving a four-year prison term on Tuesday for violations of the Securities and Exchange Act.

Prosecutors said that they have not issued a warrant to arrest Lo because they do not have concrete evidence that he has escaped.

In mid-April, Lo reportedly told Taipei prosecutors he had received the order to start serving his term on April 24. However, he has since then neither contacted prosecutors nor applied for a temporary reprieve.

Lo was sentenced to four years in jail March 28 by the Supreme Court for stock manipulation, document forgery and money laundering and was fined NT$6 million (US$203,445).

His statute of limitations will not run out until December 2030 based on the severity of his crimes, prosecutors said.

(By Lee Hsiang-chun and Scully Hsiao)