Taipei - Taiwan's former president Chen Shui-bian was expected to be indicted on corruption charges Friday afternoon, becoming the first Taiwanese leader to be charged.

The Supreme Prosecutor's Office announced it will hold a news conference at 3:15 pm (0715GMT), and it is expected to announce the indictment of Chen and possibly members of his family.

Taiwan press said the indictment document is 800 pages, and Chen is likely to be indicted on four charges of corruption, which could result in 30 years imprisonment or a life term.

Chen, 57, allegedly embezzled millions of dollars in the name of using it for a diplomatic fund during his two terms from 2000-2008. (dpa)