Farglory chairman admits to paying NT$16 million bribe: court

06/02/2014 07:39 PM
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Taipei, June 2 (CNA) Farglory Group Chairman Chao Teng-hsiung confessed early Monday that he paid a NT$16 million (US$532,455) bribe to a former Taoyuan County official to secure a contract for a public housing development in the county, the Taipei District Court said Monday.

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