(1014 CR M11)EX-TAIWAN LEADER'S PRISON TERM

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(1014 CR M11)EX-TAIWAN LEADER'S PRISON TERMDATELINE: Oct. 14, 2011LENGTH: 00:01:07FILE VOTaiwan's former leader Chen Shui-bian received a new 18-year prison term for the conviction of taking bribes in bank mergers.Chen gets this prison term Thursday after Taiwan's high court overturned the earlier ruling made by a district court.He was also fined 6 million U.S. dollars and stripped of his civil rights for nine years.His wife Wu Shu-jen was sentenced to 11 years and fined 3 million dollars in the same case and stripped of her civil rights for eight years.Chen and his wife have the option of appealing the latest verdict.In December 2009, Chen and his wife were indicted for accepting bribes and money laundering of more than 20 million dollars from certain banks during the process of bank mergers.Last November, the Taipei district court cleared Chen and his wife of the bribery-taking charges, saying that bank mergers do not fall under the scope of Chen's responsibility.After the first ruli
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Producer : Xinhua News Agency

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