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No appeal on Chen’s assets

Monday, 01 February 2010 08:57 Taipei Times

Prosecutors investigating former president Chen Shui-bian’s (陳水扁) corruption and money laundering cases yesterday said they would not appeal a High Court ruling to unfreeze certain assets of the former first family.

In November, the Supreme Prosecutors’ Office’s Special Investigation Panel (SIP) confirmed that it had requested the court to freeze NT$300 million (US$9 million) in bank accounts, stock holdings and real estate holdings of several members of the former president’s family.

US positive on arms deal

Monday, 01 February 2010 08:35 Taipei Times

Despite strong Chinese objections, there was a generally positive reaction throughout the US on Saturday to US President Barack Obama’s decision to sell more than US$6 billion in Patriot anti-missile systems, helicopters, mine-sweeping ships and communications equipment to Taiwan.

The Washington Post said that even though the new arms package did not include the sale of 66 F-16C/D fighters, “that does not mean the Obama administration has rejected Taiwan’s request.”

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228 Tâi-uân-sîn

We're 228 Followers

2015-12-26 Taiwanese Shrine Initation & Marytr-Spirit Enshrine Ceremony

2014-02-28 228 Tâi-uân-sîn(Taiwan gods) Thanksgiving Blessing Assembly and Trong R. Chai Tâi-uân-sîn Thanksgiving Praying Ceremony

2013-08-18 Holy Mountain Holiness Birthday and Tâi-uân-sîn Lin Mao-sheng Statue's Placement Ceremony

2013-02-28 228 Tâi-uân-sîn Thanksgiving Prayer Assembly - Realized the Determination of Founding Taiwan State with Democratic Power

228 Memorial and Bian Casters Gathering on Feb. 28th, 2010

Newsflash

Taiwan Solidarity Union Legislator Hsu Chung-hsin, second left, speaks at a forum on the Chinese Nationalist Party’s (KMT) ill-gotten assets organized by the Taiwan Association of University Professors in Taipei yesterday.
Photo: Lo Pei-der, Taipei Times

The Chinese Nationalist Party (KMT) has so many ill-gotten assets that even it has no idea how much its assets are worth and the only certainty is that those assets are the root of all evil in Taiwanese politics because of the unfair competition that came with them, analysts said at a forum yesterday.

“In short, the KMT’s party assets are the root of all evil in Taiwan because of the unfair advantage they created. And despite the KMT having pledged to deal with the issue, the pledge was only an empty promise,” Democratic Progressive Party (DPP) Legislator Lee Chun-yi (李俊俋) said.