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Prosecutors indict Lee for corruption

Former president Lee Teng-hui (李登輝) was indicted yesterday on charges of embezzling state funds, becoming the second democratically elected Taiwanese president to be indicted on corruption charges.

The Supreme Prosecutors’ Office Special Investigation Panel (SIP) has accused Lee and a top aide of illegally siphoning US$7.8 million from secret diplomatic funds used by the National Security Bureau (NSB) and laundering the money during his terms in office from 1988 to 2000.

If convicted, the 88-year-old Lee could face at least 10 years in prison, although prosecutors have indicated that they may ask for more lenient sentencing due to his age.

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US lawmaker plans another hearing

A recent US Congressional hearing held by US Representative Ileana Ros-Lehtinen on “Why Taiwan Matters” suggests continued US support for Taiwan and that Washington would not abandon Taiwan, Formosa Foundation chief executive Terri Giles said yesterday.

Ros-Lehtinen, who is also chairman of the US House of Representatives’ Foreign Affairs Committee, is planning to organize and invite administration officials to a second congressional hearing on issues concerning Taiwan at the end of the year, Giles said, adding that she hoped the discussion would focus on democracy in Taiwan.

The June 16 hearing held by Ros-Lehtinen before the House Foreign Affairs Committee was the first hearing on Taiwan to be held in Congress in seven years.

Last Updated ( Monday, 27 June 2011 17:25 ) Read more...
 


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Newsflash

Media activists yesterday urged the government to intervene to prevent politics from reaching into the press and controlling freedom of speech, saying that this freedom and the liberal media the nation has enjoyed over the past decades may be put at risk if Chinese capital gained control of the media.

The calls came amid reports that China Trust Charity Foundation chairman Jeffrey Koo Jr (辜仲諒) has asked Formosa Plastics Group (台塑集團) chairman William Wong (王文淵) and a Singapore-based equity fund to join him in buying Next Media Group’s (壹傳媒集團) four Taiwanese outlets: the Apple Daily, Next TV, Next Magazine and the Sharp Daily.