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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

Before the meeting between Chinese Nationalist Party (KMT) Chairman Eric Chu (朱立倫) and Chinese President and Chinese Communist Party (CCP) General Secretary Xi Jinping (習近平), Chu advocated a “deepening” of the so-called “1992 consensus,” and prior to that, former Taiwan Provincial Assembly speaker Kao Yu-jen (高育仁) — Chu’s father-in-law — had said that Chu should “go beyond” the “1992 consensus” and integrate with China on a wider scale. After the meeting, the nature of these statements was finally revealed, indicating that both sides of the Taiwan Strait are part of “one China,” thereby diminishing Taiwan’s status as a sovereign nation. As a result, The Associated Press reported that the meeting confirmed the aim of eventual unification between China and Taiwan.