Core Pacific chair released on additional NT$30m bailStaff writer, with CNACore Pacific Group chairman Sheen Ching-jing (沈慶京) was on Thursday released on an additional bail of NT$30 million (US$941,029) after the Taipei District Court earlier in the day sentenced him to 10 years in prison for bribery in the Core Pacific City case. Core Pacific Group chairman Sheen Ching-jing leaves the Taipei District Court on Thursday evening. The court in its verdict said Sheen intended to bribe officials to breach their duties. He had instructed seven Core Pacific Group employees to withdraw company funds and transfer NT$300,000 each to a Taiwan People’s Party political donation account controlled by Ko, it said. Ying was sentenced to 15 years and six months in prison, along with a six-year deprivation of civil rights, for pressuring city government officials to facilitate approval of the Core Pacific City development project.

Source: Taipei Times March 27, 2026 16:51 UTC