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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

The Taipei District Court yesterday handed down prison sentences ranging from six months to one-and-a-half years to members of former president Chen Shui-bian’s (陳水扁) family and former Taipei Financial Center Corp (台北金融大樓公司) chairwoman Diana Chen (陳敏薰) for perjury.

The former president’s son, Chen Chih-chung (陳致中), daughter Chen Hsing-yu (陳幸妤) and son-in-law Chao Chien-ming (趙建銘) each received six-month prison sentences, which were half the length of one year initially sought.