KMT legislator Yang Chi-hsiung (
At a press conference yesterday, Yang presented a pile of documents which, he claimed, disproved Soong's story that he had returned several months ago a sum of NT$106 million that had been deposited into his son Soong Chen-yuan's (宋鎮遠) Chung Hsing Bills Finance Corporation account.
"Last week Soong claimed that he had returned the money to the unidentified `elder' on June 10," Yang said. "But according to my own information, after June 17 there were still transactions listed in this account.''
Yang also said that even when the account was finally liquidated on Oct. 4, the resulting cash was paid into a deposit account in Soong Chen-yuan's name at a branch of the First Commercial Bank.
"Are there any other mystery accounts?" Yang asked.
Immediately after the press conference finished, Yang went to the Ministry of Finance to provide evidence that Soong Chen-yuan had evaded paying gift tax on the "elder's" donations. He then took the records of Soong Chen-yuan's Chung Hsing Bills Finance account to the Taipei District Prosecutor's Office.
The controversy surrounding the accounts hinges on how in 1991-93, Soong Chen-yuan, at the time only 24 years old, with no independent means of support, purchased NT$120 million worth of securities, receiving NT$106 million in one day in December 1992 when his father was still serving as KMT secretary-general.
James Soong's spokesman, Yen Rong-chang (顏榮昌), denied that the Soong camp had ever claimed the account was liquidated in June.
"Even in our official newsletter, we only said that since Soong Chen-yuan no longer needed the money, we returned it to the `elder' several months ago. There was no mention of a specific date," Yen said.
Yen said that the whole issue still required an explanation from Soong himself.
An aide to Soong said the candidate spent all day yesterday in discussion with his inner circle to hammer out a strategy.
Soong's aides said they were preparing to cancel today's scheduled signature drive in Penghu County to organize a press conference aimed at providing the facts of the case.
Independent legislator Robert Hsu (
The accusations against Soong have had a dramatic impact on the presidential race, but not to the obvious advantage of KMT presidential candidate Lien Chan (
A poll conducted by the TVBS TV channel, conducted on Sunday, showed that DPP presidential hopeful Chen Shui-bian (陳水扁) had taken the lead from Soong.
But DPP legislator Chou Po-lun (
‘UNFRIENDLY’: Changing the nationality listing of Taiwanese residents to ‘China’ goes against EU foreign policy as well as democratic and human rights principles, MOFA said Taiwan yesterday called on Denmark to correct its designation of the nationality of Taiwanese residents as “China” or face retaliatory measures. The Danish government in 2024 changed the nationality of Taiwanese citizens on their residence permits from “Taiwan” to “China.” The decision goes against EU foreign policy and contravenes democratic and human rights principles, Ministry of Foreign Affairs (MOFA) spokesman Hsiao Kuang-wei (蕭光偉) said. Denmark should present a solution acceptable to Taiwan as soon as possible and correct the erroneous designation to preserve the longstanding friendship between the two nations, Hsiao said. The issue could damage Denmark’s image and business reputation in Taiwan,
KEY INDUSTRY: The vice premier discussed a plan to create a non-red drone supply chain by next year, which has been allocated a budget of more than NT$7.2 billion The government has budgeted NT$44.2 billion (US$1.38 billion) to cultivate Taiwan’s uncrewed aerial vehicle (UAV) industry over the next five years, which would make the nation a major player in the industry’s democratic supply chain in the Asia-Pacific region, Premier Cho Jung-tai (卓榮泰) said yesterday. Cho made the remarks during a visit to the facilities of Cub Elecparts Inc (為升電裝). Democratic Progressive Party (DPP) Legislator Chen Su-yueh (陳素月) and Chinese Nationalist Party (KMT) Legislator Hsieh Yi-fong (謝依鳳) also participated in the trip. Cub Elecparts has transitioned from the automotive industry to the defense industry, which is the top priority among the nation’s
SOUTH KOREA DISPUTE: If Seoul continues to ignore its request, Taiwan would change South Korea’s designation on its arrival cards, the foreign ministry said If South Korea does not reply appropriately to a request to correct Taiwan’s name on its e-Arrival card system before March 31, the government would take corresponding measures to change how South Korea is labeled on the online Taiwan Arrival Card system, the Ministry of Foreign Affairs said yesterday. South Korea’s e-Arrival card system lists Taiwan as “China (Taiwan)” in the “point of departure” and “next destination” fields. Taipei has asked Seoul to change the wording. Since March 1, South Koreans who hold government-issued Alien Resident Certificates (ARC) have been identified as from “South Korea” rather than the “Republic of Korea,” the
SUFFICIENT: The president said Taiwan has enough oil for next month, with reserves covering more than 100 days and natural gas enough for 12 to 14 days A restart plan for the Guosheng Nuclear Power Plant in New Taipei City’s Wanli District (萬里) and the Ma-anshan Nuclear Power Plant in Pingtung County’s Hengchun Township (恆春) would be submitted to the Nuclear Safety Commission by the end of the month, President William Lai (賴清德) said yesterday, reversing the government’s policy to abolish nuclear energy. On May 17 last year, Taiwan shut down its last nuclear reactor and became the first non-nuclear nation in East Asia, fulfilling the Democratic Progressive Party (DPP) government’s pledge of a “nuclear-free homeland.” Even without nuclear power, Taiwan can maintain a stable electricity supply until 2032,