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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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MOF says politics did not stop tax deal

The Ministry of Finance yesterday said the breakdown of cross-strait negotiations on a tax pact on Monday was mainly the result of a dispute over levying income tax on China-based Taiwanese businesspeople according to where they reside or where they get paid.

The ministry said the breakdown was not related to sovereignty, apparently contradicting comments a day earlier by Premier Wu Den-yih (吳敦義), who said the deal was delayed because the treaty would have treated Taiwan the same as Hong Kong.

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Newsflash


NATO Secretary General Jens Stoltenberg speaks during a press conference at a NATO summit in Madrid yesterday.
Photo: Reuters

NATO has for the first time singled out China as one of its strategic priorities for the next decade, warning about its growing military ambitions, confrontational rhetoric toward Taiwan and other neighbors, and increasingly close ties to Russia.

In Taipei, the Ministry of Foreign Affairs (MOFA) yesterday said it appreciates the alliance’s global vision in facing up squarely to the systemic challenges posed by China.