| Abstract | Now on to the latest in the battle over Wang Yung-ching''s estate. The late Formosa Plastics Group founder, who did not leave a will, is at the center of a yearslong court battle between his offspring. His oldest son, Winston Wang, said Monday that he was "exhausted" but unshaken in his bid to reclaim his father and uncle''s assets, which are locked in overseas trusts. Speaking directly to the camera in a video, he said that if Taiwan''s government helped him recover the assets, he would donate them to charity after deducting legal expenses.
Winston Wang
Grace T.H.W. Group
I am not here vying for assets for myself. My life is very simple, and I don’t need them. I am here to say that if we were to win this legal case, by the laws of the Republic of China, most of the estate would belong to the government. Any portion of it that is allocated to me, Winston Wang, I intend to donate after deducting the legal expenses that I have incurred and kept track of in detail over the years. I won’t keep a single cent. I will give all of it to charity. What I want is not these assets. What I want is justice.
In the video, Wang accused his relatives of manipulating his father and his uncle in their old age to gain control of their assets, and to move them into overseas trusts. Earlier this month, the Taiwan judiciary had dealt him a court setback by deciding not to indict his relatives for tax evasion and property law violations, citing insufficient evidence. |
