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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


Protesters, including members of the Youth Alliance Against Media Monsters and other civic groups, demonstrate outside the Legislative Yuan in Taipei yesterday against the Next Media Group buyout deal.
Photo: Chang Chia-ming, Taipei Times

Hundreds of young Taiwanese from around the nation yesterday continued to put pressure on the government to act against media monopolization and reject the sale of the Next Media Group’s (壹傳媒集團) Taiwanese businesses to two consortiums with a six-hour protest outside the Joint Government Office Building, where officials from the Fair Trade Commission (FTC) and academics were holding a public hearing on the sale.