Pharmally International Holding Co chairman Tony Huang (黃文烈) — who is also known as Huang Wen-lieh — and other businesspeople, were indicted on charges of security fraud, stock manipulation and fraudulent financial reporting in 2020, the ministry said. Pharmally International Holding Co chairman Tony Huang, also known as Huang Wen-lieh, is pictured in an undated photograph. Reports said that Tony Huang traveled from Singapore to the UK, and was detained in Thailand during a transit on his return flight. Huang Tzu-yen and Chen apparently manage subsidiary companies in Singapore, and are also wanted in the Pharmally case, the ministry said. Wang encountered financial difficulties and sought assistance from Tony Huang, who had been investing in real estate in China’s Xiamen since 2003, investigators said.

Source: Taipei Times May 25, 2023 19:00 UTC