Hui Hsiung, chief executive of Qisda Corp., must remain in the U.S. to face price-fixing charges and was denied a travel pass to Taiwan to attend a quarterly investor conference in Taipei.
U.S. District Judge Susan Illston in San Francisco yesterday denied Hui Hsiung’s request for the two-day pass. Hui Hsiung, a former executive at AU Optronics Corp., Taiwan’s second-largest flat-screen maker, along with AU Optronics Chief Executive Officer Lai-juh Chen and Vice Chairman H.B. Chen, were barred from leaving the U.S. pending a trial for price fixing in the flat-panel display industry.
At yesterday’s court hearing, Illston said she denied Hui Hsiung’s request, and has denied other similar requests in the case, because the U.S. has no extradition treaty with Taiwan. Meaning, if the executives were permitted to travel to Taiwan, they could possibly avoid the charges against them in the U.S. because Taiwan would not be obligated to extradite them back to the states.
AU Optronics and six executives were indicted in the U.S. in June for their alleged roles in a conspiracy to fix prices of LCDs used in televisions and computer monitors. The case builds on an industrywide probe that has led to more than $890 million in fines, seven companies pleading guilty and jail terms for nine executives.
Taiwan’s economics ministry has said it will try to persuade the federal court in San Francisco to cancel a travel ban barring the executives from leaving the U.S., according to the island’s Central News Agency.
Douglas McNabb and other members of the firm practice and write extensively on matters involving Federal Criminal Defense, Interpol Litigation, International Extradition and OFAC Litigation.
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