Taiwan Salt Green Energy Fraud Case: Former Chairman Chen Qiyu and 3 others extend travel restrictions and technology monitoring

Chen Qiyu (former), former chairman of Taiwan Salt, was involved in the Taiwan Salt Green Energy fraud case. (File photo)

Former Taiwan Salt Green Energy chairman Chen Qiyu, former Taiwan Salt Green Energy general manager Su Kunhuang and manufacturer Su Junren, who were involved in the Taiwan Salt Green Energy Company's procurement and engineering fraud case, were ordered by the judge to restrict their travel abroad and technology after they were previously released on bail by the Tainan District Court. The monitoring period is about to expire. The Collegiate Court of the Southern People's Court recently ruled that Chen Qiyu will be restricted from leaving the country, going overseas, and accepting technological monitoring (electronic anklets) for eight months starting from September 27 this year. He should also report to check-in twice a day with his mobile phone selfie.

In addition, Su Kunhuang and Su Junren respectively extended their restrictions on leaving the country and overseas for eight months from September 26 this year, and were subject to technological monitoring (electronic ankle bracelets), and were required to take a selfie with their mobile phone to report to work once a day.

The Collegiate Bench of the Southern People's Court ruled that the defendants Chen Qiyu, Su Kunhuang, and Su Junren were involved in cases involving violations of the Securities and Exchange Law. The Southern People's Court previously ruled that Chen, Su, Su, and others should pay deposits of 12 million yuan, 7 million yuan, and 7 million yuan in lieu of detention. In addition to being restricted in residence, they were restricted from leaving the country and overseas, and were subject to technological surveillance for August from the date of bail. Chen Qiyu was released on January 27 this year, and Su Kunhuang and Su Junren were released on bail on January 16 this year.

The collegial panel considered that the three defendants were involved in serious crimes. If it is determined by the verdict that there is a possibility of escape and the reason for detention still exists, weighing the principle of proportionality, it is recognized that the restrictions on leaving the country, traveling to the sea, and scientific and technological surveillance should continue to ensure the progress of subsequent trials and execution procedures. Therefore, the above ruling was made; this part can also be protested.