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Chen found not guilty in bribery trial

Citing insufficient proof, the Taiwan District Court yesterday acquitted former president Chen Shui-bian (陳水扁) and his wife, Wu Shu-jen (吳淑珍), of charges that they laundered money and took bribes from bankers in exchange for help manipulating bank mergers.

Nineteen co-defendants were also cleared of charges of money laundering, breach of trust and insider trading because of a lack of proof, Judge Chou Chan-chun (周占春) said yesterday afternoon.

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Republican win good for Taiwan: FAPA

Major Republican victories in the US midterm elections could leave Taiwan in a strong political position on Capitol Hill, a Taiwan lobby organization said.

With Republicans capturing 60 seats to take control of the House of Representatives and the Democrats managing to hang on to the Senate by a narrow majority, power is now divided in Washington. As a result, Taiwan’s supporters in Congress are expected to have increased freedom to speak out on controversial issues, such as arms sales, free trade and a place for Taiwan within international organizations.

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Newsflash

The Taipei District Prosecutors’ Office yesterday indicted Taiwan People’s Communist Party Chairman Lin Te-wang (林德旺), along with party members Cheng Chien-hsin (鄭建炘) and Yu Sheng-hung (余聲洪), over alleged contraventions of the Anti-infiltration Act (反滲透法) and asked the court to consider heavy penalties.

Lin, who had been a Central Committee member of the Chinese Nationalist Party (KMT), has traveled to China as a representative of Taiwanese businesspeople in China since 2007, investigators said.

After the KMT stripped him of his membership, Lin in 2016 made a failed bid for the legislative seat representing Tainan’s first electoral district, prosecutors said, adding that he founded the Taiwan People’s Communist Party in 2017 and has been its chairman since then.