Taiwanese authorities request asset freeze
Authorities in Taiwan are to call on government here to freeze a notorious arms dealer’s assets, according to local media.
It’s thought one of the nation's most wanted criminals has had money stored in a Manx bank account for years.
Andrew Wang fled the Republic of China in 1993, over his embroilment in a bribery and murder case involving French-made warships.
He was reported dead two years ago, with an indictment still to his name.
But now the District Court in Taipei has ordered the seizure of almost £700 million linked to 61 bank accounts in different countries, including the Isle of Man.
Officials are reported to be seeking the return of the money – but a lack of mutual co-operation agreements between the two jurisdictions could make the matter difficult to pursue.
Government rejects criticism over cancelled airport director hearing
Difficult to inspire confidence after 'chaotic' tariff announcements
More than 2,300 emergency calls in March
Minister 'unable' to provide update on tile damage at NSC
New bus mobility service 'will give independence to everyone'
Comments
Add a comment