[News] Taiwan's ex-president Chen indicted
(CNN) -- Former Taiwanese President Chen Shui-bian was indicted
Friday on several corruption charges, including embezzlement and
accepting bribes.
Chen Shui-bian is accused of embezzling, taking bribes and
laundering money.
The former president, whose term ended in May, is accused of
embezzling 600 million New Taiwan Dollars ($18 million).
Prosecutors say he also took bribes, laundered money and illegally
removed classified documents from the president's office.
Chen, 58, has denied any wrongdoing and insists the charges are
politically motivated.
His party favors independence for Taiwan, while the administration
of President Ma Ying-jeou favors closer ties with mainland China.
The felony charges could carry 25 years or more in prison if Chen
is convicted, although the prosecutors did not call for any
specific jail time in the indictment.
Chen, who has been jailed for the past month, will next go before
a judge who will decide if he can be freed on bail.
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Chen Shui-bian Talkasia transcript
Thirteen others, including Chen's wife, son, daughter-in-law and
wife's brother, have been indicted along with Chen.
Prosecutors said Chen's son has a Swiss bank account with $22
million believed to be illegal proceeds.
http://edition.cnn.com/2008/WORLD/asiapcf/12/12/taiwan.chen/index.html
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