Company Involved: Ti Yung Co.
Industry: Basic Materials
Industry Subsector: Iron & Steel
Official Involved: Lin Yi-shih, ex-cabinet secretary-general
Enforcement Action: Judgement
Summary: Lin Yi-shih was sentenced to seven years and four months in prison and fined $540,000 on charges of accepting $2.13 million and soliciting another $2.81 million from Kaohsiung-based Ti Yung Co. in exchange for contracts. Lin’s mother, wife, and two uncles were acquitted on money laundering charges.