Taiwan Tati Cultural and Educational Foundation

Keep an eye on Mega Bank

John Hsieh

Under the settlement provision of the New York Department of Financial Services (DFS) Consent Order announced on Aug. 19, Mega International Commercial Bank’s New York branch should do the following:

Committee freezes KMT bank account

Taipei Times

Ill-gotten Party Assets Settlement Committee Chairman Wellington Koo, right, speaks at a news conference in Taipei yesterday.
Photo: Chien Jung-fong, Taipei Times

The Ill-gotten Party Assets Settlement Committee yesterday said it froze a bank account of the Chinese Nationalist Party (KMT) over the issuance of 10 checks worth a collective NT$520 million (US$16.54 million) immediately after a law was promulgated prohibiting political parties from disposing of assets presumed to have been obtained illegally.

Taiwanese ‘orphans’ betrayed by China

Lee Min-yung 李敏勇

The novel Orphan of Asia (亞細亞的孤兒) by Taiwanese novelist Wu Chuo-liu (吳濁流) is a classic portrayal of what happened to Taiwanese who longed for the Chinese “motherland” following World War II, and it continues to mirror Taiwan’s predicament decades later.

Once a Japanese colony, Taiwan was later colonized by the so-called “motherland” (China) and was caught up in the conflict between the rival Chinese political parties: the Chinese Nationalist Party (KMT) and the Chinese Communist Party. In more recent years, Taiwan has undergone a process of democratization that offers opportunities for national resurrection and social transformation, but it is still shrouded in a dark cloud of unaccounted history.

Group marches in New York for UN bid

Taipei Times

Hundreds of US-based Taiwanese and supporters march in New York City on Saturday, calling for Taiwan UN membership ahead of the 71st session of the UN General Assembly.
Photo: CNA

Hundreds of Taiwanese living in the US on Saturday joined a Taiwanese delegation in a march in New York City, calling for Taiwan to be granted UN membership ahead of the 71st session of the UN General Assembly that begins tomorrow.

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