Taiwan court exonerates former president on embezzlement charge

TAIPEI, Taiwan (AP) — A Taiwan court has acquitted the island's imprisoned former president of embezzling from a special diplomatic fund.

In Tuesday's ruling, the Taipei District Court says prosecutors failed to provide evidence that Chen Shui-bian gave $330,000 to son Chen Chih-chung while he was studying in the United States.

Chen served as Taiwan's president from 2000 to 2008.

In September 2009 he was convicted of embezzling $3.15 million from another fund, receiving bribes worth at least $9 million, and laundering some of the money through Swiss bank accounts.

Chen was sentenced to life imprisonment in that case. He is currently appealing.

He has been detained in a suburban Taipei jail since December 2008.