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FSC commission to probe Mega Ban

Premier Lin Chuan (林全) yesterday instructed the Financial Supervisory Commission (FSC) to form an investigative committee from members of the central bank, and the ministries of justice and finance after the New York branch of Mega International Commercial Bank (兆豐銀行) was ordered to pay a massive fine for violating US money-laundering rules.

Lin said he hopes that the details of the case are clarified as soon as possible, and that any Mega International employees responsible for the situation are identified.

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KMT outcast to join committee

A former Chinese Nationalist Party (KMT) member, who was sacked in June for his outspokenness, has confirmed plans to join a committee investigating the party’s illegal assets, drawing fire from KMT members.

Committee of Illegal Party Asset Settlement chairman Wellington Koo (顧立雄) on Thursday said that he consulted with former KMT spokesman Yang Wei-chung (楊偉中) last week and invited him to join the committee.

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Newsflash


Taiwan Society president Chang Yen-hsien speaks at a forum in Taipei on Sept. 13.
Photo: Wang Min-wei, Taipei Times

Senior Democratic Progressive Party (DPP) members, friends and fans lamented the death of former Academia Historica president Chang Yen-hsien (張炎憲), who passed away during a research trip to the US on Friday evening Taipei time.

“Thank you, Professor Chang, thank you for what you have done for Taiwan, it was because of your insistence on researching the 228 Incident and White Terror that the younger generation are able to get to know more about this island from a Taiwan-oriented perspective, and write about our own history,” DPP Chairperson Tsai Ing-wen (蔡英文) said on her official Facebook page. “May you rest in peace, we will always remember you.”