Ho Ming-teh charity heads indicted over cash issue - News Summed Up

Ho Ming-teh charity heads indicted over cash issue


Ho Ming-teh charity heads indicted over cash issueBy Lin Yi-chang and Kayleigh Madjar / Staff reporter, with staff writerProsecutors in Chiayi yesterday charged two leaders of the Ho Ming-teh Charitable Group for allegedly misappropriating nearly NT$700 million (US$25.01 million) from donations over 18 years. The organization was founded in memory of engineer Ho Ming-teh (何明德), who from 1965 led a volunteer movement to build bridges and pave roads in remote areas of Chiayi, Yunlin and Tainan counties. A composite photograph of the late Ho Ming-teh and his bridge-building work is pictured on a wall of the Ho Ming-teh Charitable Group’s office in Chiayi City yesterday. Under the premise of continuing her father’s legacy, Chen and Hsiao solicited donations online, including through Facebook, for the unregistered organization, they said. The remaining NT$695.71 million was allegedly used to purchase financial investments, high-value insurance and real estate, they said.


Source: Taipei Times July 07, 2021 15:56 UTC



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