CTBC executives acquittedBy Jason Pan / Staff reporterThe Taiwan High Court on Wednesday acquitted former CTBC Financial Holding Co vice chairman Jeffrey Koo Jr (辜仲諒), reversing guilty decisions in the first and second rulings. Former CTBC Financial Holding Co vice chairman Jeffrey Koo Jr speaks at an event in an undated photograph. “Koo firmly believes that he and the other defendants did not take any action to harm CTBC Financial,” his statement said. Koo, who was CTBC Bank chairman and CTBC Financial deputy chairman at the time, was responsible for ordering the transfers, prosecutors said. Koo — the scion of the Koo family, which controls CTBC Financial — is chairman of the CTBC Charity Foundation, owner of the CTBC Brothers baseball team, and is chairman of baseball’s national body.

Source: Taipei Times April 29, 2021 15:56 UTC