Taipei Prosecutors Indict in Core Pacific City Case, CSCC: Seeking Legal Advice for Handling
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The Taipei District Prosecutors Office has indicted 13 individuals, including Wei-Ching Group Chairman Shen Ching-Ching, for alleged violations of the Securities Exchange Act and Anti-Money Laundering Act in the Core Pacific City land transaction case, seeking forfeiture of approximately NT$3.19 billion in criminal proceeds. CSCC stated it will consult legal counsel after receiving the indictment.