Government Information Office (GIO) Minister Pasuya Yao (
"We learned of this from the 2005 annual budget report by Hong Kong's TVBS board," he said.
Yao said the report stated that Hong Kong Bermuda TVB Investment Co Ltd, one of TVBS' subsidiaries, has increased its share of TVBS from 70 percent to 100 percent by purchasing more shares from Taiwan's Countless Entertainment (Taiwan) Co Ltd, and that the deal was completed on March 21.
TVBS is registered under the name of Liann Yee Production Co, of which Countless Entertainment Co is the major shareholder.
"I think this clearly shows that the TV station is a now completely foreign-owned company. If that is the case, the GIO is authorized to suspend all operation licenses for its four channels," he said.
Yao said the GIO would request TVBS to explain its circumstances tomorrow. He also posed four questions to the cable station yesterday.
He said the first question Countless Entertainment Co, and how a company with capital of only NT$1 million (US$29,800), could possess TVBS shares worth around NT$500 million.
Yao asked why the Countless Entertainment Co is located in the same building as the TV station, and speculated that the firm was a front.
He then asked how it was possible for Countless' president and Bermuda's president to swap, before finally wondering if TVBS' annual budget report was dependable.
Speaking on the sidelines of a campaign event yesterday, Premier Frank Hsieh (
On Friday, the GIO issued a NT$200,000 fine to TVBS for failing to report a change in its stock ownership when it applied for a renewal of its license earlier this year. The fine was issued after a TVBS talkshow alleged that a number of top government officials were corrupt, including former Presidential Office deputy secretary-general Chen Che-nan (陳哲男).
Yao denied there was any connection between the allegations and the probe into TVBS.
TVBS chairman Norman Leung's (梁乃鵬) background as former chairman of the Hong Kong Broadcasting Authority became the focus of Democratic Progressive Party (DPP) lawmakers, who complained that the cable station was actually a Chinese-sponsored station and was being taken advantage of by Beijing to create unrest in Taiwan.
TVBS spokeswoman Yeh Yu-chun (
"By law, foreign shares cannot exceed 50 percent of the company. That is what we are at now," she said.
Yeh said TVBS is now co-owned by the Taiwan-based Oriental (53 percent) and British Bermuda (47 percent).
Asked whether TVBS regarded the GIO's action as akin to "white terror" and a retaliation against its talkshow's allegations of official graft, Yeh said this was something that TVBS management would avoid thinking about.
"We still want to believe that truth and justice still exist," she said.
Meanwhile, Chinese Nationalist Party (KMT) Chairman Ma Ying-jeou (馬英九) said yesterday that if the government moved to kill off a cable TV station for exposing scandals involving the government, then the public would react in protest.
Ma said the funding issue was a legal problem and that the government should not "manipulate the law to satisfy its political desires."
The People First Party blasted the GIO for what it said was an attempt to shift public attention away from the Kaohsiung MRT corruption scandal.
A Ministry of Foreign Affairs official yesterday said that a delegation that visited China for an APEC meeting did not receive any kind of treatment that downgraded Taiwan’s sovereignty. Department of International Organizations Director-General Jonathan Sun (孫儉元) said that he and a group of ministry officials visited Shenzhen, China, to attend the APEC Informal Senior Officials’ Meeting last month. The trip went “smoothly and safely” for all Taiwanese delegates, as the Chinese side arranged the trip in accordance with long-standing practices, Sun said at the ministry’s weekly briefing. The Taiwanese group did not encounter any political suppression, he said. Sun made the remarks when
PREPAREDNESS: Given the difficulty of importing ammunition during wartime, the Ministry of National Defense said it would prioritize ‘coproduction’ partnerships A newly formed unit of the Marine Corps tasked with land-based security operations has recently replaced its aging, domestically produced rifles with more advanced, US-made M4A1 rifles, a source said yesterday. The unnamed source familiar with the matter said the First Security Battalion of the Marine Corps’ Air Defense and Base Guard Group has replaced its older T65K2 rifles, which have been in service since the late 1980s, with the newly received M4A1s. The source did not say exactly when the upgrade took place or how many M4A1s were issued to the battalion. The confirmation came after Chinese-language media reported
The Taiwanese passport ranked 33rd in a global listing of passports by convenience this month, rising three places from last month’s ranking, but matching its position in January last year. The Henley Passport Index, an international ranking of passports by the number of designations its holder can travel to without a visa, showed that the Taiwan passport enables holders to travel to 139 countries and territories without a visa. Singapore’s passport was ranked the most powerful with visa-free access to 192 destinations out of 227, according to the index published on Tuesday by UK-based migration investment consultancy firm Henley and Partners. Japan’s and
BROAD AGREEMENT: The two are nearing a trade deal to reduce Taiwan’s tariff to 15% and a commitment for TSMC to build five more fabs, a ‘New York Times’ report said Taiwan and the US have reached a broad consensus on a trade deal, the Executive Yuan’s Office of Trade Negotiations said yesterday, after a report said that Washington is set to reduce Taiwan’s tariff rate to 15 percent. The New York Times on Monday reported that the two nations are nearing a trade deal to reduce Taiwan’s tariff rate to 15 percent and commit Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to building at least five more facilities in the US. “The agreement, which has been under negotiation for months, is being legally scrubbed and could be announced this month,” the paper said,
RSS