Wu's jewelry hidden by a friend | Shanghai Daily

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Wu's jewelry hidden by a friend

PROSECUTORS in Taipei have impounded a large quantity of jewelry belonging to Wu Shu-chen, wife of former Taiwan leader Chen Shui-bian, who is charged with embezzlement, from the home of one of Wu's close friends.

Chen and his wife are accused of taking millions of dollars in bribes in a corporate land procurement. The couple are also allegedly involved in pocketing more than NT$104 million (US$3 million) in special funds. Chen and his collaborators are also accused of laundering the illegal income.

Among the jewelry found at the home of Huang Fang-yan were more than 80 pieces of precious diamonds, including 11 undecorated ones worth over NT$47 million, Chen Yun-nan, of the Special Investigation Division, said yesterday.

Investigators have yet to evaluate the rest of 70-plus pieces of jewelry found at Huang's home, Chen said.

Huang left Taiwan for the United States last November and has not returned so far. In January, he phoned investigators to confess he had helped Wu hide the jewelry.

Prosecutors searched Huang's home after the call. The jewelry will be sent to specialists for evaluation.

Huang has refused to return to Taiwan to attend court as a witness, though prosecutors repeatedly ordered him to do so. On March 3, they charged Huang with money laundering and are likely to issue an arrest warrant.



 

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