Late tycoon's heirs ordered to pay damages over Kuo Hua Life bailout
Taipei, Nov. 21 (CNA) The Supreme Court ruled on Thursday that the children of late businessman Oung Ta-ming (翁大銘), along with two of their uncles, must pay nearly NT$1.3 billion (US$39.62 million) plus interest in damages over the depletion of Kuo Hua Life Insurance Co.'s assets two decade ago.
Late tycoon's heirs ordered to pay damages over Kuo Hua Life bailout
Late tycoon's heirs ordered to pay damages over Kuo Hua Life bailout
Late tycoon's heirs ordered to pay damages over Kuo Hua Life bailout
Late tycoon's heirs ordered to pay damages over Kuo Hua Life bailout
Late tycoon's heirs ordered to pay damages over Kuo Hua Life bailout
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