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No appeal on Chen’s assets

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.

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US positive on arms deal

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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Newsflash

Following a third failed attempt by opposition parties to hold a referendum on the Economic Cooperation Framework Agreement (ECFA), the Democratic Progressive Party (DPP) caucus yesterday called on the Chinese Nationalist Party (KMT) to support another referendum proposal or face a boycott at next week’s provisional legislative session.

“Let’s not get into fistfights on the floor. Let’s put the [ECFA] to a referendum and see who wins the support of the public,” DPP Legislator Gao Jyh-peng (高志鵬) told a press conference.