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Taiwan ex-leader defends US property purchase

mysinchew.com
2010-07-16 17:03

TAIPEI, Friday 16 July 2010 (AFP) – Taiwan’s former president Chen Shui-bian on Friday claimed that two properties he owned in the United States were bought with legitimate funds after the US government sought to expropriate them.

The US government went to court Wednesday seeking to expropriate the properties, allegedly bought with bribe money Chen and his wife received while in power.

But Chen’s office refuted the allegations saying in a statement: “The Chen family bought the two houses with political donations… the money was not ill-gotten and it is too flimsy for the (US authorities) to jump to any conclusion.

“We will collaborate with the US judicial department in its investigation to clarify the case and return justice to the Chens,” it said.

According to the civil forfeiture complaint filed in New York and Virginia, former first lady Wu Shu-chen was paid six million dollars to prevent her husband’s government from interfering with a company’s takeover bid for a rival firm in Taiwan.    more …

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