Weng Qihui (left), who has American nationality, has been restricted from leaving the country.

U.S. citizen Weng Qihui (left), has been restricted from leaving the country.

Three major charges

●Sell Haoding stocks before Haoding New Drug announced that it failed to release its blindness. It was involved in the crime of internal trading. It was transferred to Haoding for free. It was suspected of accepting "human favors" stocks, and it was involved in the crime of accepting bribes. It signed a memorandum of technology transfer with Runya, arranged for it to understand patent operations, and it was involved in the crime of photo profits. It was reported that according to Taiwan media reports, the Shilin District Procuratorate Office recently investigated the Haoding inside transaction case and accidentally found out that the "China Research Institute" transferred the OBI-833 anti-cancer vaccine technology to Haoding, "Director" Weng Qihui obtained 3,000 Zhang Haoding stocks through Haoding Chairman Zhang Nianci, suspected of having an improper consideration. When the prosecutor replied to the matter, he informed Weng Qihui in court that he was involved in the serious crime of "Corruption Regulations". Weng Qihui's face changed, and he was worried that he would be banned, but he was only restricted from leaving the country.

inspection and investigation currently divides Weng Qihui's case into three major parts: before the new OBI-822 breast cancer drug was announced to have failed to be blinded (the efficacy is not obvious), Weng Qihui sold 10 Haoding stocks. Was it involved in inside transactions? Weng Qihui knew that the "China Research Institute" had transferred OBI-833 technology to Haoding, but he also held 3,000 Haoding shares through his daughter Weng Yuxiu. Is it involved accepting bribes? In 2013, "China Research Institute" signed a memorandum of technology transfer with Runya Biotechnology, arranging the operators to understand the patent operation. Is Weng Qihui suspected of seeking profits?

inspection found that the "China Research Institute" had transferred technology to Haoding twice, among which the transfer of OBI-822 technology was led by the United States, and Weng Qihui led the transfer of OBI-833 technology to Haoding free of charge. After success, the "China Research Institute" and Haoding each can get a 40% premium. The prosecutor questioned that Haoding gave Weng Qihui 3,000 shares to Weng Yuxiu in order to repay Weng Qihui. If calculated based on his holding cost of 31 yuan per share (NT$, the same below), the estimated profit amount is more than 800 million yuan. The prosecutor believes that Weng Qihui is involved in the crime of embezzlement and can be sentenced to fixed-term imprisonment of not less than 7 years and a fine of not less than 60 million yuan.

It is reported that Ma Ying-jeou's office confirmed yesterday that Weng Kai-hui called Ma Ying-jeou in the afternoon, hoping to meet and apologized on the phone, but did not mention the resignation (but public opinion believes that he will submit his resignation, and Ma Ying-jeou may approve it). On the 25th, he will meet Ma Ying-jeou.