Former T.Grand Chairman Released on NT$1 Million Bail, Barred from Leaving Country in Securities Fraud Case
NQ Score
75/100
AI Summary (NQ-processed)
The former chairman of T.Grand International Co., Ltd., surnamed Wen, is under investigation for alleged violations of the Securities and Exchange Act, including irregular transactions and breach of trust, after acquiring control of Pao Dao Aurora (now Fu Yu Rown Gane). Prosecutors have ordered his release on NT$1 million bail with residential and travel restrictions, highlighting significant corporate governance concerns.
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