Taipei judge passes jail term on two former staff of Darco Water's Taiwan unit
Published on Jun 19, 2014 8:20 PM
SINGAPORE - Locally-listed Darco Water Technologies Thursday announced that two former staff of its Taiwanese subsidiary, Darco Engineering Taiwan, have been sentenced by the Taipei District Court in Taiwan.
Former general manager Chen Kuai was found guilty of criminal breach of trust and embezzlement and sentenced to six years imprisonment on Wednesday.
Nina Chiu, who worked as an administration manager, was found guilty of only embezzlement and received a jail term of three years and eight months.
"Third parties facilitators and conspirators had been dealt with separately," Darco Water said in a statement to Singapore Exchange.
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