David Lu, the former chairman of Infodisc, insisted that the company submitted the valid documents, including certification of its investment in the fund, to the TSE to justify its overseas investment. Lu also stated that the capital was remitted from the company’s account at the Singapore branch of the Netherlands-based Robobank, although he has not presented the remittance documents.
CowboySlim wrote:Note that the funds in question went to the Cayman Islands. That is where those who want to loot the company treasury to line their own pockets put the funds as an intermediate location.
Infomedia was established on Dec 24, 2003 and was formerly the Blank Optical Disc Department of the world’s leading DVD manufacturer, Infodisc Technology.
jsl wrote:But is Infodisc actually making any recordable discs nowadays?
wesociety wrote:Hmm, I'm not sure, but you can still find 4X Infodisc DVD+RW very easily on the market. MID = INFODISCA10
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