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Chen found not guilty in bribery trial

Citing insufficient proof, the Taiwan District Court yesterday acquitted former president Chen Shui-bian (陳水扁) and his wife, Wu Shu-jen (吳淑珍), of charges that they laundered money and took bribes from bankers in exchange for help manipulating bank mergers.

Nineteen co-defendants were also cleared of charges of money laundering, breach of trust and insider trading because of a lack of proof, Judge Chou Chan-chun (周占春) said yesterday afternoon.

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Republican win good for Taiwan: FAPA

Major Republican victories in the US midterm elections could leave Taiwan in a strong political position on Capitol Hill, a Taiwan lobby organization said.

With Republicans capturing 60 seats to take control of the House of Representatives and the Democrats managing to hang on to the Senate by a narrow majority, power is now divided in Washington. As a result, Taiwan’s supporters in Congress are expected to have increased freedom to speak out on controversial issues, such as arms sales, free trade and a place for Taiwan within international organizations.

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Newsflash

Public confidence in Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (蔡英文) and her party reached new highs this month while President Ma Ying-jeou’s (馬英九) trust level continued to drop, the latest poll released by the Chinese-language Global Views Monthly magazine showed.

The poll, conducted by the Global Views Survey Research Center, put Tsai’s confidence index at 52.3 points on a scale of 0 to 100. The figure represented an increase of 1.1 points from last month and was the highest since May.