The Core Pacific City developer in Taiwan, Sheen Ching-jing, has been unable to find a guarantor, which is why he remains in custody despite the court setting bail. The Taipei District Court announced last week that Sheen could be released if he paid NT$100 million (US$3.41 million) and secured a guarantor able to underwrite NT$200 million. However, the second requirement has proven difficult to fulfill.
Sheen’s legal team said the political sensitivity surrounding the case has made finding a qualified guarantor nearly impossible. They submitted two names to the court as potential guarantors, but both faced questions about their financial eligibility. The court then agreed to keep the guarantor’s identity confidential, at least from the public. However, the judges rejected the request to withhold the guarantor’s name from prosecutors.
If Sheen posts bail successfully, he must comply with several conditions. One of these is wearing an ankle monitor to track his movements. Sheen initially objected to this, citing concerns that the device could interfere with medical equipment during his upcoming surgery. Currently, Sheen remains hospitalized at National Taiwan University Hospital, where doctors are treating him for a renal fungal infection.
In addition to the ankle monitor, Sheen must stay at a fixed address in Taipei’s Daan District after his release. He is also prohibited from leaving Taiwan or traveling by sea for at least eight months. Authorities implemented these restrictions to ensure Sheen remains accessible throughout the ongoing investigation.
The case revolves around allegations that Sheen paid bribes to former Taipei City Mayor Ko Wen-je. The bribes reportedly secured approval to increase the floor area ratio for the Core Pacific City project, a major development in the capital city. This politically charged environment has made the legal process more complex and has impacted Sheen’s ability to meet bail conditions.
The phrase “Core Pacific City developer bail” captures the heart of the issue that continues to delay Sheen’s release. Despite the court’s willingness to grant bail, financial and legal hurdles remain. These obstacles highlight the challenges faced by high-profile defendants in politically sensitive cases.
Overall, the combination of bail requirements and Sheen’s health condition prolongs his detention. His legal team continues working to secure a guarantor and satisfy the court’s demands. Until then, Sheen will remain in custody under medical supervision.
