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Central bank wants investment curbs

The central bank is pushing for curbs to be imposed on the amount of Chinese capital that can be placed in local stocks, hoping to stem the inflow of speculative funds, an official said yesterday.

The Financial Supervisory Commission, which has the authority to set limits on Chinese funds, has been approached by central bank officials eager to keep controls tight, said Lu Ting-chieh (盧廷劼), the commission’s chief secretary.

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Official asks for probe of Control Yuan members

A former Yilan County official yesterday asked prosecutors to investigate three Control Yuan members who allegedly covered up for officials involved in the Yuanta I Pin Building (一品苑) case.

Lin Chin-kun (林錦坤), a former Yilan County Yuanshan Village (員山) representative, mailed a request to the Supreme Prosecutor’s Office Special Investigation Panel (SIP) requesting an investigation into whether Control Yuan members Ma Yi-kung (馬以工), Chen Yung-hsiang (陳永祥) and Lin Chu-liang (林鉅鋃) handled the case inappropriately.

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Newsflash


Democratic Progressive Party (DPP) Chairman Su Tseng-chang speaks at an event in New Taipei City’s Chinshan District commemorating democracy activist Deng Nan-jung, who killed himself by self-immolation in his Taipei office in 1989 in protest against charges of sedition for his calls on the government to protect freedom expression.
Photo: Yu Chao-fu, Taipei Times

Democratic Progressive Party (DPP) Chairman Su Tseng-chang (蘇貞昌) yesterday said that freedom in Taiwan has regressed since “a repressive government” had returned to power.

Su made the remarks at a ceremony in honor of Deng Nan-jung (鄭南榕), the late democracy advocate who set himself on fire 24 years ago and died in defense of “100 percent freedom of expression.”