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Chao Chien-ming Claimed Property Loan Repayments; Chen Hsing-chiu Says He Crossed Line, Will Sue

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Named sources In the courts
  • Chen Hsing-chiu accused her ex-husband, Chao Chien-ming, of violating their divorce agreement regarding the repayment of loans for properties and a clinic.
  • Chao claimed he repaid the mortgages, but Chen stated this involves complex financial details and a potential NT$100 million penalty for breach of contract.
  • Chen also criticized Chao's statements about funds for their children, demanding repayment with interest based on investment returns.

Chen Hsing-chiu has accused her ex-husband, former legislator Chao Chien-ming, of violating their divorce agreement concerning the repayment of mortgages for several properties and a clinic. Chao had claimed to have repaid loans totaling NT$60 million for his orthopedic clinic and other properties, including two luxury homes in Tainan and one in Taichung.

This part has touched upon the content of the divorce agreement, because the cash flow is very complicated, and it would take several hours to lay out the details. Moreover, this content touches upon the NT$100 million penalty for breach of contract, which is incorrect. What Zhao said is not the truth, and I need to collect more evidence to file a lawsuit together.

— Chen Hsing-chiuExplaining her reasons for potentially suing her ex-husband over loan repayments and divorce settlement violations.

However, Chen stated that Chao's claims are inaccurate and breach the terms of their divorce settlement. She indicated that the financial details are complex, requiring hours to unravel, and involve a potential NT$100 million penalty for violating the agreement. "This part has touched upon the content of the divorce agreement, because the cash flow is very complicated," Chen said, adding that Chao had "crossed the line."

Chen also addressed Chao's assertion that he spent more on their children than the NT$23 million education fund. She recounted a recent conversation between their eldest son and Chao, during which Chao allegedly could not provide details about the investment's principal, returns, or the nature of the investments (stocks, ETFs, insurance policies). Chen questioned why Chao would not repay double the amount if investments like the 0050 ETF had doubled in value, implying he owes more than just the principal.

Zhao has crossed the line.

— Chen Hsing-chiuStating that her ex-husband has violated their divorce agreement.

Chen intends to gather more evidence to file a lawsuit against Chao, citing his alleged misrepresentations and breaches of their divorce agreement. The dispute highlights ongoing financial and legal disagreements between the former couple following their divorce.

Zhao keeps talking nonsense.

— Chen Hsing-chiuResponding to her ex-husband's claims about financial contributions to their children.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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