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Chen acquitted on graft charge

The Taipei District Court yesterday acquitted former president Chen Shui-bian (陳水扁) in an embezzlement case involving US$330,000 in secret diplomatic funds.

The court ruling said that evidence provided by prosecutors failed to prove that Chen had embezzled diplomatic funds, court spokesman Huang Chun-ming (黃俊明) said.

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Forum told Taiwanese Castro will emerge

A political strongman in the mold of former Cuban president Fidel Castro is likely to emerge in Taiwan to resist China’s economic interference should the proposed economic cooperation framework agreement (ECFA) with Beijing ravage the middle-classes and benefit only large corporations, an expert attending a forum on the ECFA said yesterday.

Hsu Chung-hsin, a law professor at National Cheng Kung University, said once China took over Taiwan’s economy, even if Taiwan was still politically independent, a candidate with a radical platform was likely to be elected because the public would likely no longer be able to stand the yawning chasm between rich and poor and the stagnation of salaries.

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Newsflash

The US on Saturday urged China to stop pressuring Taiwan, saying it would continue to monitor China’s military exercises.

“We urge Beijing to cease its military, diplomatic and economic pressure against Taiwan and instead engage in meaningful dialogue with Taiwan,” a US Department of State spokesperson said in a statement.

The American Institute in Taiwan (AIT) yesterday also urged Beijing to stop pressuring Taiwan.