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FSC commission to probe Mega Ban

Monday, 22 August 2016 07:03 Taipei Times

Premier Lin Chuan (林全) yesterday instructed the Financial Supervisory Commission (FSC) to form an investigative committee from members of the central bank, and the ministries of justice and finance after the New York branch of Mega International Commercial Bank (兆豐銀行) was ordered to pay a massive fine for violating US money-laundering rules.

Lin said he hopes that the details of the case are clarified as soon as possible, and that any Mega International employees responsible for the situation are identified.

KMT outcast to join committee

Saturday, 20 August 2016 06:57 Taipei Times

A former Chinese Nationalist Party (KMT) member, who was sacked in June for his outspokenness, has confirmed plans to join a committee investigating the party’s illegal assets, drawing fire from KMT members.

Committee of Illegal Party Asset Settlement chairman Wellington Koo (顧立雄) on Thursday said that he consulted with former KMT spokesman Yang Wei-chung (楊偉中) last week and invited him to join the committee.

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228 Tâi-uân-sîn

We're 228 Followers

2015-12-26 Taiwanese Shrine Initation & Marytr-Spirit Enshrine Ceremony

2014-02-28 228 Tâi-uân-sîn(Taiwan gods) Thanksgiving Blessing Assembly and Trong R. Chai Tâi-uân-sîn Thanksgiving Praying Ceremony

2013-08-18 Holy Mountain Holiness Birthday and Tâi-uân-sîn Lin Mao-sheng Statue's Placement Ceremony

2013-02-28 228 Tâi-uân-sîn Thanksgiving Prayer Assembly - Realized the Determination of Founding Taiwan State with Democratic Power

228 Memorial and Bian Casters Gathering on Feb. 28th, 2010

Newsflash

President Tsai Ing-wen, center, meets representatives of the Taiwan Dental Association at the Presidential Office on Monday to thank them for their hard work during the COVID-19 pandemic.
Photo: CNA

Taiwan is committed to defending itself if its democracy is threatened, President Tsai Ing-wen (蔡英文) said yesterday, warning of “catastrophic consequences” if it were to fall to China.

Framing cross-strait tensions as a contest between authoritarian and liberal regimes, Tsai wrote in an article in Foreign Affairs magazine that Taiwan “is a liberal democracy on the frontlines of a new clash of ideologies,” but remains committed to “democratic, progressive values.”