CHUNG WEN-CHIH HYPED UP THE TDR CASE AND FLED AFTER SENTENCING

The People's Window – Corruption Case Converter - When the rich and powerful greedily profit through illegal means, the hard-earned savings of everyday investors vanish overnight.

Chung Wen-chih was suspected of multiple financial crimes, notably speculating in Taiwan Depositary Receipts (TDRs), which harmed many investors. He once jumped bail and fled during the investigation, but was later recaptured. After the final verdict was issued, he absconded once again.

Huang Kuo-chang repeatedly stated in live broadcasts that Chung Wen-chih maintained close ties with DPP (Green Camp) elites. He revealed that some DPP legislators—including Tsai Yi-yu, who was once approached by a lawyer—proposed amending the law during Chung’s trial, allegedly to help exonerate him. Although Tsai Yi-yu claimed he had not seen Chung in five years, the intent behind the amendment was still questioned.

Huang Kuo-chang questioned whether the Division-Chief Judge of the High Court pressured the trial judge to recuse himself and whether the Supreme Court exerted continued pressure even after the recusal application was rejected. Additionally, although Chung was placed under electronic surveillance before his sentence was finalized, the monitoring was later lifted, ultimately allowing him to flee. Responsibility for lifting the surveillance was passed between the Judicial Yuan and the Ministry of Justice.

Huang Kuo-chang revealed that Chung Wen-chih used his influence to arrange for the boss of the Pao-He Club to visit prisoners involved in a shooting case, raising suspicions that the prison warden was involved in unlawfully approving these special interviews.

Huang criticized the DPP administration for promising in 2017—at the Judicial Reform Meeting during the National Affairs Conference—to enact laws addressing bail jumping. However, the legislation has yet to be completed, allowing repeat offenders like Chung to exploit legal gaps and escape justice. The Ministry of Justice has stated only that the matter is still under discussion.

Huang Kuo-chang raised concerns about how the Taipei District Prosecutor’s Office handled the Ko Wen-je case, in which a witness, Shen Ching-ching, was allegedly interrogated without following proper procedure. He pointed out inconsistencies in the official press release, and questioned whether the prosecutors in Chung Wen-chih’s case were genuinely committed to pursuing his arrest.Huang believes that Chung Wen-chih’s case reveals systemic issues—including possible corruption, legal loopholes, and political interference—that undermine judicial fairness and erode public trust in Taiwan’s legal system. He pledged to continue holding responsible parties accountable and to promote relevant legal reforms. Currently, Chung’s passport has been revoked, and prosecutors are pursuing his arrest with full force.

The most immediate impact of this case is that victims have no way to recover their losses. Chung Wen-chih was accused of manipulating TDRs to defraud investors, making illegal profits of up to NT$490 million. While investment and financial management inherently involve risks, if criminals can escape legal consequences and keep their illicit gains, the nation is thrust into a fiscal crisis.Worse, the losses incurred by victims are not tax-deductible. The hard-earned assets of individual investors are stolen repeatedly. In some cases, these illicit funds are even used to bribe foreign agents or government officials in efforts to cover up the crimes—an outright injustice that shackles the future of every citizen.

Because loopholes in the law and inaction by certain institutions allow them to take advantage of the system! During an interpellation at the Legislative Yuan, Huang Kuo-chang pointed out that Chung Wen-chih had already escaped once in 2016, and now he’s absconded again. This highlights a serious weakness in Taiwan’s ability to prevent felons from fleeing while on bail. Even more absurd is the fact that the DPP administration pledged as early as 2017 to create laws targeting bail-jumpers, but as of 2025, the legislation is still under discussion with no progress. Huang criticized the Ministry of Justice for not submitting the draft to the Legislative Yuan despite eight years of deliberation, questioning whether the government is truly committed to resolving the issue. He also questioned why Chung was released from electronic monitoring and how both the Judicial Yuan and the Ministry of Justice continue to shift blame, further undermining public trust in the judicial system.

Yes, they did! As documented, former DPP legislators Yu Tian and Tsai Yi-yu both proposed amendments to the law in ways that appeared to benefit Chung Wen-chih. In a live broadcast, Huang Kuo-chang revealed that during the previous Legislative session, there were efforts to pass amendments aimed at exonerating Chung Wen-chih. At that time, the attempt was blocked. Huang named Tsai Yi-yu as the sponsor of the amendment and noted that Yu Tian also promoted it. These actions provoked strong criticism from Huang, who questioned whether the legislators had received improper benefits, and condemned amending the law to help financial criminals. While Tsai Yi-yu denied any personal connection to Chung, the mere existence of such amendments raises public concern about whether justice is being skewed in favor of the powerful, at the expense of ordinary citizens' rights.