According to reports, Phison CEO and inventor of the USB drive Datuk Pua Khein-Seng has been found guilty of violating Taiwan's Securities and Exchange Act.
Ask any local around here if they can tell you who invented the USB flash drive, chances are they’ll mention that a Malaysian made it. However, Datuk Pua Khein-Seng, widely known around these ends as the ‘father of the pendrive’, might have to do some time behind bars according to reports from Taiwan.
It was alleged that the founder and CEO of Phison had told his staff to falsify accounting transactions from 2009 till 2014. Datuk Pua was then actually investigated by Taiwanese authorities in 2016 over the matter, but in August 2017 the public prosecutor’s office suspended the case, and fined Phison TWD110 million as they found he had no prior convictions on top of no illegal gain.
In the meantime, Datuk Pua has stated that he has yet to receive the verdict, and as such doesn’t know exactly why he’s been meted out a jail sentence. Phison will also continue to operate as usual and won’t be affected by its CEO’s legal troubles.
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