TAIWAN PROSECUTORS SEEKING 30-YEAR JAIL TERM FOR FOOD TYCOON
November 1st, 2014
The Taiwan High Prosecutors Office is preparing to prosecute 17 people over the island’s high-profile cooking oil scandal, having indicted the suspects last week (October 30). The office is asking judges for a 30-year prison term for Wei Ying-chun, senior executive with China’s biggest instant noodle maker the Ting Hsin International Group, which his Taiwanese family manages.Wei was indicted on fraud charges related to Ting Hsin’s Taiwanese subsidiaries Wei Chuan Foods, Cheng I and Ting Hsin Oil fraudulently purchasing from Vietnam substandard lard and beef ...
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