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TSU threatens lawsuit over rejection

Three days after a review committee rejected its proposal to hold a referendum on the government’s proposed economic cooperation framework agreement (ECFA) with China, an increasingly angry Taiwan Solidarity Union (TSU) yesterday issued a statement asking members of the committee to apologize and revisit their decision.

“The Referendum Review Committee must publicly apologize within three days and reopen their deliberations or the TSU will be suing [committee members that voted against the proposal] for ­misconduct and exceeding their authority,” the statement quoted TSU Chairperson Huang Kun-huei (黃昆輝) as saying.

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Taiwan arms no reason to harm US-China ties: Gates

US Secretary of Defense Robert Gates yesterday chided China for suspending military ties over US arms sales to Taiwan, saying Beijing’s stance “makes little sense.”

Renewing his call for stronger relations between the Chinese and US militaries, Gates said such a dialogue should not be “held hostage” over the weapons sales.

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Newsflash

An electronic copy of a report obtained by the Taipei Times on the yet-to-be-approved sale of Nan Shan Life Insurance Co claims that the backers of the Hong Kong-based consortium led by Primus Financial Holding Ltd and China Strategic Holding may include individuals found guilty of financial irregularities as well as close relatives of senior members of the Chinese Communist Party.

The English translation of the report, which is dated March 10 and comes from the office of Democratic Progressive Party Legislator Pan Meng-an (潘孟安), also mentions risks of stock speculation and raises questions about the qualifications of major shareholders and the use of “shell” companies.