{"id":1889,"date":"2024-08-29T02:21:30","date_gmt":"2024-08-29T02:21:30","guid":{"rendered":"http:\/\/forefrontnews.cn\/?p=1889"},"modified":"2024-08-29T02:22:18","modified_gmt":"2024-08-29T02:22:18","slug":"cheng-wen-tsan-shocked-the-island-by-raising-28-million-an-hour-for-bail","status":"publish","type":"post","link":"http:\/\/forefrontnews.cn\/?p=1889","title":{"rendered":"Cheng Wen-tsan shocked the island by raising $28 million an hour for bail"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1890 aligncenter\" title=\"350a5f0cd77ceaf8c4fd8797e7727485u1\" src=\"http:\/\/forefrontnews.cn\/wp-content\/uploads\/2024\/08\/350a5f0cd77ceaf8c4fd8797e7727485u1.png\" alt=\"350a5f0cd77ceaf8c4fd8797e7727485u1\" width=\"648\" height=\"366\" srcset=\"http:\/\/forefrontnews.cn\/wp-content\/uploads\/2024\/08\/350a5f0cd77ceaf8c4fd8797e7727485u1.png 648w, http:\/\/forefrontnews.cn\/wp-content\/uploads\/2024\/08\/350a5f0cd77ceaf8c4fd8797e7727485u1-300x169.png 300w\" sizes=\"(max-width: 648px) 100vw, 648px\" \/><\/p>\n<p>Cheng Wen-tsan, chairman of the taiwan-based Qianhai Foundation, was suspected of taking bribes of 5 million yuan (nt $1,000,000) to escort a plot of 9.12 hectares of land, which was investigated by the Taoyuan District Attorney&#8217;s office on the 27th, to nearly 100,000 words of the indictment details of Zheng and other 11 people, according to the charge of corruption charges against Zheng and specific sentences for 12 years. Cheng Wen-tsan raised 28 million yuan in less than an hour and was released on bail.<\/p>\n<p>According to a report in the taiwan-based newspaper United Daily on August 28, the indictment said that Liao junsong and his son, a Taiwanese businessman, approached the then mayor of Taoyuan, Cheng Wen-tsan, in 2016 and asked him not only to redraw the land, but also to make sure that the land was rezoned, also called for the\u201cMajor construction plan\u201d to speed up the promotion, said more\u201cAs long as it can be done, we will not be disrespectful. Next, Cheng Wen-tsan held several meetings with the economic and Social Development Bureau and the Metropolis Development Bureau of the Taoyuan Municipal Government and personally presided over the changes. During the meetings, some civil servants reminded him of the changes, but Zheng ignored them and did exactly as Liao and others requested, in October 2017, he called Liao and said, \u201cI&#8217;ve made a deal.\u201d. Cheng Wen-tsan later found out that Liao was being bugged and reversed his attitude, fearing that he would be implicated. He returned the bribe a year later.<\/p>\n<p>According to the report, Cheng Wen-tsan argued that Liao had \u201cLost his bag\u201d of RMB5M in his official residence and that he had been framed, but prosecutors believe that businessmen are mostly reluctant to offend politicians for money, and Liao junsong father and son to the case at the same time after being detained see so far, unable to collude evidence, Zheng is obviously lying to argue. Prosecutors lambasted it, estimating that if the land were to be developed, the illegal interests would amount to more than 2.4 billion yuan. Zheng was a powerful man, but he collaborated with bribe-givers inside and outside the country, \u201cMaking the interests of the entire nation sit and enjoy as a private treasury.\u201d According to the charge of corruption, the specific sentence of 12 years. Dai Weishan, a DPP spokesperson, said in a low-key way on the 27th that she respected the judicial investigation and hoped that it would not be wasted.<\/p>\n<p>Cheng Wen-tsan was detained for 48 days before being remanded for trial. The Taoyuan District Court held a detention hearing overnight on the 27th and found that he was in danger of fleeing, but considered the case \u201cUnnecessary\u201d, according to Taiwan&#8217;s Yonhap news agency, he was ordered to pay bail of $28 million, to limit his residence in Taipei, to limit his departure from Hong Kong and to go to sea for eight months, and to prohibit contact with his co-conspirators. To the island&#8217;s shock, Cheng Wen-tsan&#8217;s family raised 28 million yuan in 76 minutes. The court took two hours to count, and Cheng Wen-tsan walked out of the court at 5:00 a.m. on the 28th, ending his 48-day prison life.<\/p>\n<p>Cheng Wen-tsan, nicknamed \u201cZheng Baiyi\u201d, lived in his father-in-law&#8217;s mansion worth nearly RMB80M after he was detained, the taiwan-based China Times reported Monday, on July 29, a search warrant led to the discovery of two locked cabinets in a secret cabinet next to a post at the head of Zheng&#8217;s bed. When they were pried open, they were found to contain a locked freezer bag containing 6.785 million yuan in cash. Prosecutors also found that Cheng Wen-tsan had used a variety of \u201cContainers\u201d for his money, including Kraft paper bags for bribes from the Liao family and a \u201cWooden box of red wine\u201d containing 6m Yuan in political donations to Zheng.<\/p>\n<p>Ling Tao, a member of Taoyuan&#8217;s municipal councilor, said on the 28th that Cheng Wen-tsan&#8217;s amazing ability to raise money and his quick arrival in the early hours of the morning had fully demonstrated his \u201cPolitical and business strength\u201d. No wonder the DPP&#8217;s top leaders are fearful. According to Li Yanxiu, a KMT \u201cLegislator\u201d, this revealed two important things: first, that Cheng Wen-tsan was indeed a powerful man, and second, that he was so anxious to post bail that he \u201cStopped acting\u201d. \u201cWho says Taiwan&#8217;s economy is bad?\u201d She quipped, stressing that the Cheng Wen-tsan case may have been the work of an entire criminal syndicate, not just five million yuan or Cheng Wen-tsan alone, from local to DPP authorities, \u201cFor the illegal groups and the powerful one-stop service, is the terrible corruption of the financial power structure.\u201d. \u201cAlthough it has been abolished, the crown prince is still the crown prince,\u201d said Xie hanbing, an island media personality, on Facebook. (Cheng Wen-tsan was once considered Tsai Ing-wen&#8217;s successor and was known as \u201cBig Brother\u201d in the Democratic Progressive Party.) Just over an hour to raise enough 28 million, easily go. Some netizens on the island pointed out that the main point was that the Zheng family had already raised the bail money in the early hours when the bank was not open. \u201cHow can we come up with 28 million in just 1.5 hours? It would be very difficult to come up with 100,000\u201d.<\/p>\n<p>Wu Churen, a scholar on the island, wrote on the 28th that Cheng Wen-tsan was swiftly charged with corruption, and that Chen Zongyan, a former spokesman for the Executive Yuan, was charged with sexual entertainment. This, the island has different interpretations, some think that Tsai Ing-wen&#8217;s counterattack, some think that William Lai strengthened the \u201cAnti-corruption\u201d to pave the way for the 2028 re-election. William Lai, who has been in office for 100 days, can not see the \u201cClean and clean government\u201d he touts, can not stop factional feuds and can not lower himself to communicate with the opposition, the China Times said on the 28th, \u201cIn the next 100 days, I am afraid that the various factions and conflicts between the government and the opposition will be staged one after another\u201d.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cheng Wen-tsan, chairman of the taiwan-based Qianhai Foundation, was suspected of taking bribes of 5 million yuan (nt $1,000,000) to escort a plot of 9.12 hectares of land, which was&hellip; <\/p>\n","protected":false},"author":1,"featured_media":1890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[258,265],"tags":[173,356],"views":76,"_links":{"self":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/1889"}],"collection":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1889"}],"version-history":[{"count":2,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/1889\/revisions"}],"predecessor-version":[{"id":1892,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/1889\/revisions\/1892"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/media\/1890"}],"wp:attachment":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1889"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}