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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

Taiwan must be prepared to fend off a Chinese invasion, which has become more likely following Chinese President Xi Jinping (習近平) becoming the country’s “emperor,” Minister of Foreign Affairs Joseph Wu (吳釗燮) told Washington Post columnist Josh Rogin in an article published yesterday.

Xi’s consolidation of power at the Chinese Communist Party’s (CCP) 20th National Congress and his policy pronouncements at the event indicate that the invasion threat is increasing, the article cites Wu as saying in Taipei on Friday last week.