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Ministry rejects KMT bond payment


Chinese Nationalist Party (KMT) Administration and Management Committee director-general Chiu Da-chan speaks at a news conference in Taipei yesterday.
Photo: CNA

The Ministry of Finance yesterday rejected the Chinese Nationalist Party’s (KMT) offer to pay a NT$864.8 million (US$28.6 million) fine imposed by the Ill-gotten Party Assets Settlement Committee with US dollar-denominated bonds issued by the government in 1947.

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Presidential guard cut in sword attack


An injured military police officer is being taken to National Taiwan University Hospital after being attacked by a man wielding a samurai sword outside the Presidential Office Building yesterday.
Photo: Lee Hsin-fang, Taipei Times

A man wielding a Japanese sword yesterday slashed a military police officer guarding the Presidential Office Building, authorities said.

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Newsflash

The Chinese Nationalist Party (KMT) could face yet another crisis other than its dismal presidential campaign, as a group of pro-localization members are allegedly planning to form a splinter group to force KMT headquarters to respond directly to their calls for a change of candidate.

According to people familiar with the matter, the plan to establish a new party — which would be called the “Taiwan Chinese Nationalist Party Alliance” (台灣國民黨聯盟) — is spearheaded by several influential local members, including senior presidential adviser Liao Liou-yi (廖了以) and former Yunlin County commissioner Chang Jung-wei (張榮味).