Former Taiwan President Chen Shui-bian and his wife, former first lady Wu Shu-chen, were convicted Friday on corruption and money laundering charges and sentenced to life in prison, according to officials at Taipei City Court. They also were fined 200 million New Taiwan dollars (U.S.$6.1 million).
A British court Wednesday told a business financier he would still have to pay a $13.6 million divorce settlement despite losing a fortune in the credit crunch. It’s April Fools’ Day — when media outlets around the world take a break from the serious business of delivering news and play fast and furious with the facts
The corruption trial of former Taiwanese President Chen Shui-bian began Thursday, a case that has gripped the island nation for months and one in which a conviction can bring life imprisonment. The trial is the first for a former head of state in Taiwan. Chen has denied wrongdoing and has said the charges are politically motivated