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Submarine-building program raises suspicions of fraud

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A Republic of China Navy submarine is moored at the Zuoying naval base in Kaohsiung’s Zuoying District as a warship stands in the background during a visit by President Tsai Ing-wen on March 21 last year.
Photo: Chang Chung-i, Taipei Times

The indigenous submarine program has all the signs of becoming another multibillion-dollar scandal tarnished by graft and shady deals, with shadowy figures establishing shell companies to procure the contracts, including some who were involved in the Lafayette frigate scandal of the 1990s, insiders said yesterday.

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Ministry downplays presence of US ship

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US research vessel Thomas G. Thompson is pictured at the Port of Kaohsiung yesterday.
Photo: CNA

The Ministry of National Defense yesterday downplayed the presence of a US Navy ship in Kaohsiung, saying it is a research vessel and urged people to stop speculating about its mission or how it relates to US policy.

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Large-scale drill simulates attack by China forces

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An F-16 jet takes off as part of an emergency scramble exercise yesterday morning at Hualien Air Base.
Photo: Yu Tai-lang, Taipei Times

The armed forces yesterday held large-scale air, land and sea exercises throughout the nation, with eight fighter jets from Hualien Air Base conducting simulated long-range and duration intercept missions.

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DPP’s candidates have more support than shown: Yao

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Supporters greet Democratic Progressive Party Legislator Pasuya Yao, center, as he enters Neihu Junior High School yesterday to stump for the Taipei mayoral election.
Photo: CNA

Democratic Progressive Party (DPP) Legislator Pasuya Yao (姚文智) on Saturday said his support ratings, like those of several other DPP candidates, should be at least 15 percent higher than recent polls show.

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Justices dismiss Control Yuan request

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Judicial Yuan Secretary-General Lu Tai-lang speaks at the Judicial Yuan in Taipei on Friday.
Photo: Wu Cheng-fong, Taipei Times

The Council of Grand Justices on Friday dismissed a request by the Control Yuan for a constitutional interpretation of the legality of the Act Governing the Handling of Ill-gotten Properties by Political Parties and Their Affiliate Organizations (政黨及其附隨組織不當取得財產處理條例).

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Wyoming sets up Taipei office

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Wyoming Governor Matt Mead announces the opening of the State of Wyoming-Asia Pacific Trade Office in Taipei yesterday.
Photo: Lu I-hsuan, Taipei Times

Wyoming Governor Matt Mead yesterday oversaw the opening of a Wyoming trade office in Taipei designed to facilitate bilateral exchanges in technology, tourism and education, marking the launch of the first foreign mission office in Taiwan since 2008.

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CEC eyes fraud charge against KMT

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A Central Election Commission employee stacks boxes with signatures in support of three referendum proposals initiated by the Chinese Nationalist Party (KMT) on Aug. 27.
Photo: CNA

The Central Election Commission is to file criminal complaints against the Chinese Nationalist Party (KMT), which it suspects of forging signatures on a referendum petition to reduce air pollution, a commission official said yesterday.

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Newsflash

Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.

The Shanghai Composite Index has failed to regain last year’s high while industrial commodities and shares of Australian resource exporters are acting “heavy,” Faber said. The opening of the World Expo in Shanghai last week is “not a particularly good omen,” he said, citing a property bust and depression that followed the 1873 World Exhibition in Vienna.