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Committee freezes KMT bank account


Ill-gotten Party Assets Settlement Committee Chairman Wellington Koo, right, speaks at a news conference in Taipei yesterday.
Photo: Chien Jung-fong, Taipei Times

The Ill-gotten Party Assets Settlement Committee yesterday said it froze a bank account of the Chinese Nationalist Party (KMT) over the issuance of 10 checks worth a collective NT$520 million (US$16.54 million) immediately after a law was promulgated prohibiting political parties from disposing of assets presumed to have been obtained illegally.

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Group marches in New York for UN bid


Hundreds of US-based Taiwanese and supporters march in New York City on Saturday, calling for Taiwan UN membership ahead of the 71st session of the UN General Assembly.
Photo: CNA

Hundreds of Taiwanese living in the US on Saturday joined a Taiwanese delegation in a march in New York City, calling for Taiwan to be granted UN membership ahead of the 71st session of the UN General Assembly that begins tomorrow.

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Newsflash

The proposed economic cooperation framework agreement (ECFA) between Taiwan and China would pave the way for eventual unification, Democratic Progressive Party (DPP) legislators said yesterday, adding that the agreement would be “more political than economic.”

The comments followed Chinese Premier Wen Jiabao’s (溫家寶) speech to the National People’s Congress on Sunday, in which he attempted to calm fears that the controversial pact would flood Taiwan with cheap Chinese imports and cost thousands of farmers and workers their jobs.