​Taiwan asks Switzerland to return $340m

December 18, 2013 - 7:15:43 am
TAIPEI:  Taiwan has formally asked Switzerland to return $340m in alleged ill-gotten funds.

Taiwan signed a $2.8bn deal to buy six Lafayette-class frigates in 1991, a deal which strained French ties with China at the time and was later found to have been awash with up to $400m in bribes.

Taiwan’s high court in May upheld a ruling sentencing former navy captain Kuo Li-heng to 15 years in prison for taking bribes in the case. 

Governor faces graft probe

JAKARTA:  Indonesia named a prominent provincial governor a suspect in the latest in a series of high-profile corruption cases that have eroded public trust in President Susilo Bambang Yudhoyono’s ruling coalition. 

Over half of Indonesia’s 539 regional leaders are now under investigation for graft. 

Ratu Atut Chosiyah, governor of Banten province, is suspected of being involved in two corruption cases, including bribing a top judge, who is already under arrest over graft. 

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