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Taichung Bank chairman detained for allegedly embezzling NT$1 billion

02/25/2024 05:38 PM
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Taichung Commercial Bank Chairman Wang Kuei-fong (王貴鋒) was detained and held incommunicado Sunday on suspicion of misspending over NT$1 billion (US$31.6 million) in company funds on personal luxuries, including a central Taipei rental property and a private jet.


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