In 2007, Lin instructed another Tatung subsidiary, Shan Chih International Holding Co (尚志投資), to acquire Nature Worldwide Technology through an illegal buy-out to save the company from going bankrupt. Tatung incurred debt of NT$1.7 billion due to Lin’s actions because its subsidiary was obliged to pay the debts owed by Nature Worldwide Technology after it acquired it in 2007. After the acquisition, Nature Worldwide Technology was dissolved in 2010. The litigation charged Lin with breach of trust, violating the duties of his office as chairman of Tatung Co, while Chou was indicted. The Taiwan High Court in a second ruling handed Lin an eight-year prison sentence, along with a fine of NT$300 million in August 2014.
Source: Taipei Times May 30, 2019 15:56 UTC