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Chen’s son withdraws from DPP

Former president Chen Shui-bian’s (陳水扁) son yesterday withdrew from the Democratic Progressive Party (DPP) and announced he would run for Greater Kaohsiung city councilor as an independent.

Chen Chih-chung (陳致中) declared his intention to run in the year-end elections earlier in the week. His formal announcement yesterday came in the wake of the Taiwan High Court’s ruling on Friday rejecting Chen Shui-bian’s appeal of his conviction on corruption, forgery and money laundering charges. However, sentences and fines were reduced in the second trial for Chen Shui-bian, his wife Wu Shu-jen (吳淑珍) and six other defendants including Chen Chih-chung.

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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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Newsflash


A 100 yuan note is pictured in an illustration photograph on May 31, 2017.
Photo: Reuters

The Ministry of Economic Affairs yesterday announced a draft bill that would ban Chinese-funded companies from operating research and development (R&D) offices in Taiwan, while toughening rules governing Chinese for-profit businesses establishing subsidiaries in the nation.