The daughter of Kuomintang chairman Lien Chan yesterday accused a 'trustworthy' friend of faking her company's chop on documents to borrow as much as NT$200 million (HK$46.7 million).
Lien Hui-hsin, president of Hua Yang communications company, said in a statement she had decided to take action against Lee Chun-jung, a company board member, by asking prosecutors to investigate the case.
China News Service reported that Ms Lien first discovered that Ms Lee had borrowed a large amount of money in the name of the company last September.
After being informed by a number of friends, she later learned that Ms Lee had faked the chop to borrow money, promising creditors she would repay the funds at a high rate of interest.
Company official Fang Wen-hsuan said Ms Lien decided not to tell the police or take legal action against Ms Lee because they had been friends for more than 10 years.
Ms Lien simply took back the chop and warned Ms Lee, a 'mutually trusted' friend since 1992, not to do it again.