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No appeal on Chen’s assets

Prosecutors investigating former president Chen Shui-bian’s (陳水扁) corruption and money laundering cases yesterday said they would not appeal a High Court ruling to unfreeze certain assets of the former first family.

In November, the Supreme Prosecutors’ Office’s Special Investigation Panel (SIP) confirmed that it had requested the court to freeze NT$300 million (US$9 million) in bank accounts, stock holdings and real estate holdings of several members of the former president’s family.

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US positive on arms deal

Despite strong Chinese objections, there was a generally positive reaction throughout the US on Saturday to US President Barack Obama’s decision to sell more than US$6 billion in Patriot anti-missile systems, helicopters, mine-sweeping ships and communications equipment to Taiwan.

The Washington Post said that even though the new arms package did not include the sale of 66 F-16C/D fighters, “that does not mean the Obama administration has rejected Taiwan’s request.”

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Newsflash

The National Communications Commission’s (NCC) conditional approval of a massive media merger on Wednesday marked the darkest day in the history of media freedom in the country and continued political interference in the media, the Democratic Progressive Party (DPP) said yesterday.

The party “strongly opposed” the commission’s approval of Want Want China Times Group’s (旺旺中時集團) NT$76 billion (US$2.52 billion) acquisition of cable television service provider China Network Systems (CNS, 中嘉網路), which would create an intermedia monopoly, DPP spokesperson Lin Chun-hsien (林俊憲) said.