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NDF used to help China infiltrate firms, NPP says


New Power Party Executive Chairman Huang Kuo-chang shows a chart during a news conference in Taipei yesterday during which the party alleged that the National Development Fund might have been used to help Chinese state-owned companies infiltrate Taiwanese businesses.
Photo: Liao Chen-huei, Taipei Times

The National Development Fund (NDF) might have been used to help Chinese state-owned companies infiltrate Taiwanese businesses, the New Power Party (NPP) said yesterday.

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League received millions for boat races: lawmaker

The National Women’s League received NT$3.58 million (US$119,325) in funding over the decade to 2016 for an annual dragon boat race held in Washington, Democratic Progressive Party (DPP) Legislator Lai Jui-lung (賴瑞隆) said.

The league each year applied to the Ministry of Foreign Affairs and the Overseas Community Affairs Council for funding for the event, despite having tens of billions of New Taiwan dollars in assets, Lai said.

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Newsflash


Participants roll a red ball to knock over bowling pins representing President Ma Ying-jeou and his supporters in Taipei yesterday.
Photo: AFP

The Taiwan Solidarity Union (TSU) yesterday launched a signature drive to recall President Ma Ying-jeou (馬英九), citing the nation’s deteriorating fiscal condition and what the party referred to as Ma’s incompetence.

“Taiwan cannot afford a president wasting another four years not doing anything,” TSU Chairman Huang Kun-huei (黃昆輝) told a press conference, calling on Taiwanese to help themselves by supporting the signature drive.