Friday, October 24, 2014
Search
  
Wednesday, May 09, 2007
 BenQ Executives Indicted for Money Laundering
You are sending an email that contains the article
and a private message for your recipient(s).
Your Name:
Your e-mail: * Required!
Recipient (e-mail): *
Subject: *
Introductory Message:
HTML/Text
(Photo: Yes/No)
(At the moment, only Text is allowed...)
 
Message Text: Top executives of BenQ were indicted on May 8 by the Taoyuan Prosecutors' Office for alleged insider trading and money laundering.

The indicted include chairman KY Lee, president Sheaffer Lee, vice president Eric Yu and two senior financial executives.

According to a report from Taiwan, the prosecutors accused that KY Lee, Sheaffer Lee and Eric Yu instructed four company employees to sell a total of 22.35 million undistributed bonus shares for about NT$848 million (US$25.5 million).

Digitimes.com reports that BenQ issued a statement stating that the company was shocked by the indictment and confused by the prosecutors' actions.
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .