"Lawmaker says Wang claims Rebar charge politically motivated
Hsu slams fugitive for ‘absurd’ and ‘unfair’ accusation of oppression by DPP government
By Chang Ling-yin
Taiwan News, Staff Reporter
2007-05-15 12:00 AM
Fugitive Rebar Group founder Wang You-theng (王又曾), who is currently being held in a detention center in the U.S. for entering the country without a valid visa, told a U.S. court that the embezzlement indictment issued by Taiwan prosecutors against him is politically motivated. Wang claims Taiwan prosecutors are targetting him because he was born in China and came with the Kuomintang to Taiwan after 1949, a ruling party lawmaker noted yesterday.
DPP lawmaker Hsu Rong-shu criticized the statement made by the wanted criminal in a plea submitted to the U.S. court as “absurd” and “unfair” to the Democratic Progressive Party government. The legislator urged Wang to return to Taiwan as soon as possible to face judicial probe.
Hsu and Chiu Chang (邱彰), a Taiwanese lawyer who represents a group of investors and creditors in a class action suit against Wang and his relatives in the U.S., spoke at a press conference held at the Legislative Yuan yesterday and made public part of the content of Wang’s plea.
According to the document provided by Chiu, Wang claimed in his plea that, “Since I am a businessman originally from China who came over around 1949, I’m labeled by the Taiwan independent movement extremists in the Taiwanese government authorities as a ‘Mainlander Chinese,’ and have been politically and economically discriminated and persecuted recently by the pro-independence Taiwan authorities.”
Chiu said that Wang’s plea is the most ridiculous plea she has ever read, noting that Wang, who has applied to the U.S. government for political asylum, even tried to mislead U.S. judges into believing that the Rebar Group is run normally, that he is just one of Rebar’s shareholders and he was targeted because of his origins.
Hsu stressed that he found it absolutely unacceptable that Wang is even trying to get rid of the embezzlement charges by branding the indictment against him as political oppression by the pro-Taiwan independence DPP government despite the fact that Taiwan prosecutors indicted him based on results of their intensive probes into the alleged irregularity at the cash-strapped Rebar.
Taipei prosecutors in March indicted a total of 107 people at Rebar Group, including Wang, his younger brother, two wives, six children, two daughter-in-laws, and a father-in-law as well as several key personnel, over their alleged involvement in insider trading, embezzling around NT$60 billion from Rebar and its affiliates and using false financial statements to obtain loans totalling NT$13.1 billion from financial institutions.
The prosecutors recommended not only a stiff 30-year-old jail sentence but also a NT$1.71 billion fine for Wang. They said in a indictment that Wang is just like a thief or a bandit who ran away with Rebar’s assets and affiliated companies by trickery, pointing out that the illegal profit Wang made amounts to over NT$73 billion.
Chiu hoped that the prosecutors and the investigators could provide more evidence and information related to Wang’s alleged money laundering for her to help victims of Rebar scandal recover their money.
Chiu said that Wang, who is believed to have remitted the money he embezzled to the U.S., is requesting for a U.S. Permanent Resident Card through family-sponsored preferences but claimed he and the Rebar case have nothing to do with the U.S. when the lawyer representing victims of Rebar scandal asked Wang for compensation in the U.S…
Wang claims that since the Rebar case occurred in Taiwan, Taiwanese victims should not have filed a lawsuit against him in the U.S., said Chiu. "