Diplomatic fraud suspect indicted, stays behind bars.
By Mathew Yakai in Changchun, China
THE key suspect in the Papua New Guinea diplomatic fraud scandal in Taipei was indicted on Friday.
Taipei Times reports the Taipei Chief Prosecutor Huang Mo-hsin indicted Wu Shih-tsai, on charges of falsifying bank statements and lying to the police after he made up a story about being threatened by an unidentified gunman.
“Prosecutors decided that the evidence was sufficient to find him guilty, so we decided to indict him today,” said Lin Chin-chun, spokesman for the Taipei District Prosecutors’ Office, during a press conference on Friday. Wu has been in custody since May 6.
Timothy Bonga, the MP for Nawaeb and lawyer Dr Florian Guban were alleged to have negotiated with Taipei for diplomatic exchange over a US$29.8 million. Bonga was Eda Ranu boss at that time.
The allegation has been categorically denied and the National Government is currently tightlipped on the issue.
Taipei Times reports the Taiwanese Foreign Affairs Ministry agreed to wire US$29.8 million into Wu and Ching’s bank account at a branch of OCBC Bank in Singapore.
Sir Michael Somare was the prime minister at the time of the alleged scandalTaiwan failed to develop relations and in December 2006 the ministry asked for its money back.