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Taiwan Tati Cultural and Educational Foundation

Divide and rule: The blue eight for Beijing

A delegation of six Chinese Nationalist Party (KMT) local government leaders and two independents traveled to Beijing to offer their acceptance of the “1992 consensus” and request that the cities and counties under their administration be given preferential tourism treatment by China.

The “blue eight” might be moving in the gray areas of Taiwanese legislation, but the issue of whether they are living up to their political responsibility must be looked into.

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New high for KMT shamelessness

One might be forgiven for feeling a bit sorry for a struggling 104-year-old who has lost track of their fortune and fears being reduced to penury in their declining years.

One might, unless the centenarian is the Chinese Nationalist Party (KMT), whose fortune grew exponentially over the five decades it ruled Taiwan with an iron fist and whose injuries are entirely self-inflicted.

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Just a typo: bank’s latest excuse fails to convince

The turbulence surrounding Mega International Commercial Bank and the hefty fine levied on its New York branch has been going on for almost a month. The most recent explanation offered for the incident is that it was a “typographical error.”

The Executive Yuan’s task force overseeing the Mega Bank case has revealed that credit transactions between the bank’s Panama and New York branches in 2014 reached a total of US$491 million, but the report from the New York branch to the New York Department of Financial Services stated that the amount was mistakenly given as US$4.491 billion, and that this resulted in a misunderstanding.

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Jackie Chan replicas axed


Bronze zodiac sculptures donated by Hong Kong actor Jackie Chan are on display outside the National Palace Museum Southern Branch in Chiayi County on March 1.
Photo: Chang Chia-ming, Taipei Times

The National Palace Museum is to remove replicas of artwork donated by Hong Kong actor Jackie Chan (成龍) amid controversy over Chinese attempts at “cultural unification,” museum Director Lin Jeng-yi (林正儀) said at the Legislative Yuan in Taipei yesterday.

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Keep an eye on Mega Bank

Under the settlement provision of the New York Department of Financial Services (DFS) Consent Order announced on Aug. 19, Mega International Commercial Bank’s New York branch should do the following:

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Committee freezes KMT bank account


Ill-gotten Party Assets Settlement Committee Chairman Wellington Koo, right, speaks at a news conference in Taipei yesterday.
Photo: Chien Jung-fong, Taipei Times

The Ill-gotten Party Assets Settlement Committee yesterday said it froze a bank account of the Chinese Nationalist Party (KMT) over the issuance of 10 checks worth a collective NT$520 million (US$16.54 million) immediately after a law was promulgated prohibiting political parties from disposing of assets presumed to have been obtained illegally.

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Newsflash


Antinuclear activists on Ketagalan Boulevard in Taipei yesterday bow to supporters after calling an end to their protest following former Democratic Progressive Party chairman Lin I-hsiung’s announcement that he had ended his hunger strike against continuation of the Fourth Nuclear Power Plant.
Photo: Fang Pin-chao, Taipei Times

Former Democratic Progressive Party (DPP) chairman Lin I-hsiung (林義雄) yesterday afternoon announced the end of his hunger strike against the continued construction of the Fourth Nuclear Power Plant and said he was grateful for the “phenomenal antinuclear effort” of Taiwanese over the past two weeks.

Lin said he would continue to fight what he called the injustice of President Ma Ying-jeou’s (馬英九) administration.