3 Crore Rupees in Question: Whistleblower Wang Hongwei Exposes Alleged Money Laundering Scandal Involving Top Adviser Lu Zichang

Legislator Wang Hongwei (right) and Taitung County Councilor Pan Gui (left) hold a press conference to accuse National Policy Advisor Lu Zichang of violating the Anti-Money Laundering Law. (Photo: Wang Hongwei Facebook)

Lu Jichang, current national policy adviser and chairman of the board of directors of Tamsui Credit Union, was accused of using relatives and friends to borrow money, amounting to NT$60 million. Kuomintang lawmaker Wang Hongwei today (26th) said Jichang’s behavior amounted to “money laundering.” “Violation of Prevention Act”, which requires the Financial Supervisory Commission to launch a comprehensive financial inspection and thorough investigation of Danshui Credit Union and Bankiao Credit Commercial Bank as required by law.

Legislator Wang Hongwei and Taitung County Councilor Pan Guilan held a press conference to name Lu Zichang, national policy consultant and father of former Democratic Progressive Party legislator Lu Sanling, for allegedly using Tamsui Credit Union and Banqiao Credit and Commercial Bank. Complaint members were given personal loans as “principals”, and unbeknownst to the parties, 30 million yuan was transferred to the account on the same day, which was suspected not to be listed in the passbook Prevention Law We call on the Financial Supervision Commission and the Procurator to intervene in the investigation.

Pan Guilan said that he was a high-ranking customer of Danxin, Lu Zichang came to talk to him and claimed that he and his mother signed a contract on November 14, 2011 as Lu Zichang’s designated subordinate. 100 million yuan loan agreement. Throughout the borrowing process, Lu Zichang found people to sign the contract, including Danxin staff he had never met, Lu Suzhen’s sister Lu, manager Hong Jianwei, deputy general manager Zhang Junming and others, and then borrowed the money. transfer funds from their personal accounts to .

He said the loan was repaid last year, but Lu Zichang was unwilling to return the 50 million yuan promissory note to fulfill the contract and wanted another 50 million yuan to return the promissory note. Now the court has ruled that the loan no longer exists, but Lu Zichang said that he is the rightful owner, how many lakhs can a worker borrow? Are all Tamsin’s employees so rich? Is the loan money private or public?

Pan Guilan insisted on the process of renewing his loan with his sister Pan Guizhong, also a borrower, when his sister died and needed to settle the account, he discovered that his sister was asked by Lu Zhichang to open two accounts. On June 1, 2012, 30 million yuan was sent from Denjin to Banxin, and 30 million yuan was transferred from his Banxin account to the account of Lu Xichang’s sister, Lu Suqing. Lu Jichang’s son Lu Sanfu and his daughter, former Green Committee member Lu Sun, have been transferred. The two sisters didn’t even know about the inflow and outflow of such a large sum of money into Ling’s account, and even during Ban Jin’s interrogation, they knew nothing about it.

Pan Guilan questioned why Lu Xichang’s sister Lu Suqing wanted to send money to Lu Sanling and Lu Sanfu through her own account. Is it money laundering? During the court hearing, it was also discovered that Lu Zichang used to pick victims among his customers, “We are the victims,” ​​and the prosecutor should investigate Danxin and Banxin.

Wang Hongwei said that the whole incident seemed to show that Lu Zichang was using the borrower’s account to create financial breakpoints, and he urged the Financial Supervision Commission to start a comprehensive financial inspection.

In response, Lu Zichang appointed lawyer Chen Shouhuang to issue a statement on his behalf, saying that the comments by Wang Hongwei and others were illegal and that they would reserve the right to take legal action.