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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

A top US expert on Asian military affairs said that espionage allegations against Major General Lo Hsien-che (羅賢哲) of Taiwan were “deadly serious” and potentially “very damaging.”

Richard Fisher, a senior fellow at the Washington-based International Assessment and Strategy Center, said it was of “utmost importance” that Taiwan and the US “be far better informed of the range of current and future developing threats from China.”