At the height of his business career, Andrew Oung was responsible for nearly a third of all trading on the Taiwan Stock Exchange.
[3][4] In 1992, Oung was jailed in an insider trading and price manipulation scandal,[5] in part because the $22 million Hualon planned on investing in the stock market were never paid.
[7] He sought a seat in the Legislative Yuan later that year, hoping to secure political immunity and won as an independent.
[10] The next year, former employees at Hualon's Toufen factory organized protests, alleging that they were owed $22 million in lost wages and pensions due to Hualon's bankruptcy.
[12] Andrew Oung died in of a heart attack in 2015, at his home in Taipei.