Financial Times FT.com

Insider trading charges hit BenQ

By Kathrin Hille in Taipei

Published: May 8 2007 23:36 | Last updated: May 8 2007 23:36

Taiwan prosecutors indicted the senior management of BenQ including Lee Kuen-yao, its chairman, Tuesday on charges of insider trading and money-laundering.

The latest move against the troubled electronics group appeared to be aimed at showing the government’s determination in cracking down on irregularities in the market and strengthening corporate governance.

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