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China jails Liu Xiaobo for 11 years

One of China’s most prominent dissidents, Liu Xiaobo (劉曉波), was jailed yesterday for 11 years for campaigning for political freedoms, with the stiff sentence on a subversion charge swiftly condemned by rights groups and Washington.

Liu, who turns 54 on Monday, helped organize the “Charter 08” petition, which called for sweeping political reforms, and before that was prominent in the 1989 pro-democracy protests centered on Tiananmen Square that were crushed by armed troops.

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Prosecutors indict 22 in former first family case

Prosecutors yesterday issued indictments against 22 people, including former president Chen Shui-bian (陳水扁), for money laundering, taking bribes or helping the former first family hide and launder money.

The Supreme Prosecutors’ Office’s Special Investigation Panel (SIP) yesterday announced the fourth round of indictments to be served to members of the former first family and high-profile businesspeople.

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Newsflash

Retired junior public servants will soon see a nice boost in their savings, as a law increasing the amount of money they can deposit into an 18 percent preferential interest rate account comes into effect this year.

The move, passed by the legislature last year, was criticized by Democratic Progressive Party (DPP) lawmakers yesterday as unfair and unnecessary as interest rates in public banks continue to hover below 2 percent, despite a 0.125 interest rate hike announced last week by the central bank.