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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

As China continues to expand, the US Congress is becoming increasingly more interested in Taiwan, George Washington University professor of international affairs Robert Sutter said on Friday.

He said that US attitudes toward China were “hardening” and that those who had talked about pulling back from Taiwan — or abandoning the nation — were now silent.

Sutter said that as more people were asking what the US should do about China, Congressional attention to Taiwan was rising.