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Committee freezes KMT bank account

Thursday, 22 September 2016 07:32 Taipei Times

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

Monday, 19 September 2016 10:14 Taipei Times

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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Page 103 of 250

Newsflash

A memorandum of understanding (MOU) on financial supervisory cooperation between Taiwan and China could be signed next week at the earliest, Premier Wu Den-yih (吳敦義) said in an interview with the Central News Agency (CNA) yesterday.

Signing the MOU is a “necessity” for Taiwan and China because it would be beneficial to cross-strait cooperation in the financial sector, Wu said, adding that there was “no doubt about that.”