Taipei pros­e­cu­tors in­ves­ti­gate for­mer ex­ec­u­tive of Watchout

The China Post - - LOCAL - BY CHI- HAO JAMES LO

The Taipei Dis­trict Pros­e­cu­tors Of­fice yes­ter­day said that it is cur­rently in the process of in­ves­ti­gat­ing the fi­nan­cial case of Li­ulin Wei ( ), the for­mer founder and chief ex­ec­u­tive of lo­cal in­de­pen­dent po­lit­i­cal me­dia com­pany Watchout.

Li­ulin had taken to his Face­book on June 6 to re­sign from the or­ga­ni­za­tion, cit­ing “fi­nan­cial mis­un­der­stand­ings” be­tween him­self and Watchout.

Later the same day, the me­dia com­pany also re­leased a state­ment on so­cial me­dia claim­ing that its for­mer ex­ec­u­tive was ac­tu­ally fired for “prob­lem­atic er­rors” in man­ag­ing the fi­nances of the com­pany.

Spokes­woman of Watchout Lin Zu-yi ( ) had told lo­cal me­dia that upon the dis­cov­ery of ques­tion­able fi­nances, the com­pany had deemed that the prob­lem was too se­vere to be kept in­ter­nally, and went on to re­move Li­ulin from his post pub­licly.

The Cit­i­zen 1985 Ac­tion

Alli- ance, of which Li­ulin was also a founder, stripped him of his author­ity in a state­ment on the same day as a re­sult of ques­tion­able fi­nan­cial con­duct.

Fol­low­ing the re­moval of his author­ity, Taipei Mayor KoWen-je (

), who had pre­vi­ously praised Li­ulin pub­licly for his per­sonal in­tegrity and ef­forts in the mayor’s Taipei City Gov­ern­ment Cit­i­zen Par­tic­i­pa­tion Com­mit­tee, was sub­jected to me­dia scru­tiny for be­ing af­fil­i­ated with the in­di­vid­ual. On June 8, Ko re­port­edly ac­cepted the res­ig­na­tion of Li­ulin from the said com­mit­tee while Li­ulin was un­reach­able for com­ment.

Pre­vi­ously, the al­liance had also said that it would not dis­re­gard the pos­si­bil­ity of bring­ing a law­suit against Li­ulin for po­ten­tial dam­ages to the rep­u­ta­tion of the al­liance, and acted upon the state­ment yes­ter­day to sue him at the Taipei Dis­trict Pros­e­cu­tors Of­fice.

Aside from the al­liance’s law­suit, Taipei pros­e­cu­tors have also put pros­e­cu­tor Huang Hsiu-min in charge of in­ves­ti­gat­ing em­bez­zle- ment claims against Li­ulin is­sued by Watchout.

Li­ulin Em­bezzeled NT$2 Mil­lion from Com­pany:

Watchout

Yes­ter­day, Watchout re­leased an of­fi­cial state­ment fur­ther ex­plain­ing the re­moval of Li­ulin.

The com­pany stated that Li­ulin had em­bez­zled NT$2 mil­lion from the com­pany with­out no­tice and au­tho­riza­tion, which re­sulted in his ter­mi­na­tion on June 5.

In re­sponse, Li­ulin also came for­ward pub­licly for the first time since June 6 to de­fend his rep­u­ta­tion.

Li­ulin said that he had set up a per­sonal ac­count to man­age the fi­nances of the com­pany over­seas with ease, and had trans­ferred NT$2 mil­lion in case the com­pany suf­fered any fi­nan­cial set­backs in the fu­ture.

The for­mer founder then said the amount was re­turned to the com­pany’s ac­count in full on June 2, with an ac­count pass­book to prove that there were no trans­ac­tions from the pri­vate ac­count.

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