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Prosecutors indict 22 in former first family case

Prosecutors yesterday issued indictments against 22 people, including former president Chen Shui-bian (陳水扁), for money laundering, taking bribes or helping the former first family hide and launder money.

The Supreme Prosecutors’ Office’s Special Investigation Panel (SIP) yesterday announced the fourth round of indictments to be served to members of the former first family and high-profile businesspeople.

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MOF says politics did not stop tax deal

The Ministry of Finance yesterday said the breakdown of cross-strait negotiations on a tax pact on Monday was mainly the result of a dispute over levying income tax on China-based Taiwanese businesspeople according to where they reside or where they get paid.

The ministry said the breakdown was not related to sovereignty, apparently contradicting comments a day earlier by Premier Wu Den-yih (吳敦義), who said the deal was delayed because the treaty would have treated Taiwan the same as Hong Kong.

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Newsflash

While the New Power Party (NPP) caucus had proposed constitutional amendments, the Taiwan Solidarity Union (TSU) yesterday said that constitutional reform is a “false issue” because amending the Constitution has been made almost impossible, and only establishing a new constitution altogether would help Taiwan.

“Constitutional amendment is a false issue, because amendments passed in 2005 made it almost impossible to amend the Constitution,” TSU spokeswoman Chou Ni-an (周倪安) told a news conference in Taipei yesterday.