ALTERNATIVE INVESTMENT | Tim Charlton, Singapore

Apology to Taishin Financial Holdings from Romesh Navaratnarajah

I Romesh Navaratnarajah sincerely apologise to Taishin Financial Holdings and Mr. Julius Chen for the article titled “Financial scandal rocks Taiwan” which was published in the August/September issue of the Asian Banking and Finance Magazine. I admit and take full responsibility for the below-mentioned facts that were untrue and negative with regards to Taishin Financial Holdings and its previous President, Mr. Julius Chen.

1. Photo and caption for Taishin Financial Holdings’ president was wrong.

2. It was wrong of me to use the words “Financial scandal” when in connection with Taishin Financial Holdings.

3. Wrong to include Su Le-ming’s comments in the article. Su has come out to say he shouldn’t have made such allegations against Taishin.

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