AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.04 No Change ▼ 0.00 (0%)
BOP 6.67 No Change ▼ 0.00 (0%)
CNERGY 4.51 No Change ▼ 0.00 (0%)
DCL 8.55 No Change ▼ 0.00 (0%)
DFML 41.44 No Change ▼ 0.00 (0%)
DGKC 86.85 No Change ▼ 0.00 (0%)
FCCL 32.28 No Change ▼ 0.00 (0%)
FFBL 64.80 No Change ▼ 0.00 (0%)
FFL 10.25 No Change ▼ 0.00 (0%)
HUBC 109.57 No Change ▼ 0.00 (0%)
HUMNL 14.68 No Change ▼ 0.00 (0%)
KEL 5.05 No Change ▼ 0.00 (0%)
KOSM 7.46 No Change ▼ 0.00 (0%)
MLCF 41.38 No Change ▼ 0.00 (0%)
NBP 60.41 No Change ▼ 0.00 (0%)
OGDC 190.10 No Change ▼ 0.00 (0%)
PAEL 27.83 No Change ▼ 0.00 (0%)
PIBTL 7.83 No Change ▼ 0.00 (0%)
PPL 150.06 No Change ▼ 0.00 (0%)
PRL 26.88 No Change ▼ 0.00 (0%)
PTC 16.07 No Change ▼ 0.00 (0%)
SEARL 86.00 No Change ▼ 0.00 (0%)
TELE 7.71 No Change ▼ 0.00 (0%)
TOMCL 35.41 No Change ▼ 0.00 (0%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.41 No Change ▼ 0.00 (0%)
TRG 53.29 No Change ▼ 0.00 (0%)
UNITY 26.16 No Change ▼ 0.00 (0%)
WTL 1.26 No Change ▼ 0.00 (0%)
BR100 10,010 Increased By 126.5 (1.28%)
BR30 31,023 Increased By 422.5 (1.38%)
KSE100 94,192 Increased By 836.5 (0.9%)
KSE30 29,201 Increased By 270.2 (0.93%)

A Taiwan court Friday sentenced ex-president Chen Shui-bian to life in jail after a corruption trial that he said was political revenge for his lifelong push to declare independence from China. Chen, the first former Taiwan leader to be convicted in a criminal case, boycotted the verdict in the Taipei district court, which also handed a life term to his wheelchair-bound wife Wu Shu-chen.
A court official said 58-year-old Chen - held at a detention centre on the outskirts of Taipei since December - was found guilty of embezzling state funds, laundering money, accepting bribes and committing forgery. "Chen was using his background and position to cause damage to the country. That's why the court sentenced him to life imprisonment," court spokesman Huang Chun-ming said.
Hundreds of protesters rallied outside the court shouting, "A-Bian is innocent" and "Release A-Bian", using Chen's nickname. Chen spokesman Chiang Chi-ming said the verdict was "totally unacceptable" and "illegal", blasting a decision to replace the judges in the middle of the trial.
"This is obviously a political persecution targeting former president Chen," Chiang told AFP. Under Taiwanese law, a life sentence is automatically appealed. The former president's son Chen Chih-chung got a prison term of two and a half years for money laundering, while daughter-in-law Huang Jui-ching received a suspended sentence for the same charge.
"We are very disappointed," Chen Chih-chung told reporters through his lawyer. The verdicts marked the climax of a court drama that has gripped and divided the island's 23 million people for months. Chen had blasted the trial as a vendetta triggered by his eight years in power when he was pursuing independence from China.
Taiwan has been governed separately from China since 1949, but Beijing still considers the island as part of its territory and has vowed to take it back, by force if necessary. Chen has said that his Beijing-friendly successor Ma Ying-jeou was behind the alleged witch-hunt, a charge denied by Ma.
The ex-president's refusal to attend the verdict was a protest against what he considered an "illegal and invalid" ruling, his former lawyer Cheng Wen-lung told AFP earlier. Chen, who stepped down in May 2008 after serving two four-year terms, was accused of misusing about 25 million US dollars. The ex-president had admitted to using false receipts to claim money from the state, but insisted those funds were used for "secret diplomatic missions" - not his personal benefit. Chen had also said his wife wired 20 million US dollars abroad from campaign funds but that she did so without his knowledge.

Copyright Agence France-Presse, 2009

Comments

Comments are closed.