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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

Former vice secretary of the National Security Council (NSC) Parris Chang recently wrote in the Formosa Post that NSC Secretary-General Su Chi visited China in 2005 when he was serving as a Chinese Nationalist Party (KMT) legislator and that he was looked after by the Chinese government.

During his stay, he gave a speech at a Chinese Communist Party (CCP) school in which he spoke out against the US government’s sale of military items to Taiwan, a move that caused the US to suspect Su’s allegiance, Chang said.