Former Taiwanese president indicted on new corruption charges

Former Taiwanese president indicted on new charges

TAIPEI, Taiwan — Taiwanese prosecutors have indicted former President Chen Shui-bian on new bribery and money-laundering charges.

Chen is currently serving a life sentence after a court convicted him of wide-ranging corruption offenses in September. He is appealing that conviction.

Thursday’s indictment says Chen received bribes worth 610 million New Taiwan Dollars ($19 million) from bankers in connection with two merger deals. It says he shared part of the money with his wife, Wu Shu-chen.

Wu was also convicted of corruption offenses in September, and like Chen, sentenced to life. But unlike Chen, she is not being held in prison while her case is appealed.