Several former top financial officials have been questioned by prosecutors as witnesses to alleged irregularities in some of the bank mergers during former president Chen Shui-bian’s (陳水扁) second term, prosecutors said yesterday.
The Supreme Prosecutor’s Office’s Special Investigation Panel (SIP) said on Wednesday that former first lady Wu Shu-jen (吳淑珍) had given a list to prosecutors that detailed political donations totaling NT$1.21 billion (US$35 million) offered by 20 businesspeople to former president Chen.
SIP Spokesman Chen Yun-nan (陳雲南) said prosecutors suspected some of the donations from bank owners might be related to the bank mergers program, and prosecutors had interviewed former high-level financial officers to better understand the matter.
Chen Yun-nan said prosecutors questioned former Financial Supervisory Commission (FSC) chairman Hu Sheng-cheng (胡勝正) and former National Security Council consultant Chen Yung-cheng (陳永誠) as witnesses yesterday, while Central Bank Governor Perng Fai-nan (彭淮南) asked for a postponement because he needed to go to the legislature.
Prosecutors interviewed former vice premier Wu Rong-i (吳榮義) and former minister of finance Lin Chuan (林全) as witnesses on Thursday, Chen Yun-nan said.
The five were responsible for the banking restructuring program in 2005, Chen Yun-nan said. He did not reveal the content of the interviews.
The prosecutors are still investigating allegations that the former president and his wife received bribes from several banks in exchange for favors during the former president’s second financial reform program.
The former first couple were indicted for embezzling NT$104 million from the president’s special discretionary fund during his presidency from 2000 to last year. They also are accused of taking bribes of NT$300 million in connection with a land procurement deal and another NT$90.93 million in kickbacks to help a contractor win the tender for a government construction project.
ADDITIONAL REPORTING BY CNA
The Chinese military has built landing bridge ships designed to expand its amphibious options for a potential assault on Taiwan, but their combat effectiveness is limited due to their high vulnerability, a defense expert said in an analysis published on Monday. Shen Ming-shih (沈明室), a research fellow at the Institute for National Defense and Security Research, said that the deployment of such vessels as part of the Chinese People’s Liberation Army (PLA) Navy’s East Sea Fleet signals a strong focus on Taiwan. However, the ships are highly vulnerable to precision strikes, which means they could be destroyed before they achieve their intended
The first two F-16V Bock 70 jets purchased from the US are expected to arrive in Taiwan around Double Ten National Day, which is on Oct. 10, a military source said yesterday. Of the 66 F-16V Block 70 jets purchased from the US, the first completed production in March, the source said, adding that since then three jets have been produced per month. Although there were reports of engine defects, the issue has been resolved, they said. After the jets arrive in Taiwan, they must first pass testing by the air force before they would officially become Taiwan’s property, they said. The air force
GLOBAL: Although Matsu has limited capacity for large numbers of domestic tourists, it would be a great high-end destination for international travelers, an official said Lienchiang County’s (Matsu) unique landscape and Cold War history give it great potential to be marketed as a destination for international travelers, Tourism Administration Director General Chen Yu-hsiu (陳玉秀) said at the weekend. Tourism officials traveled to the outlying island for the Matsu Biennial, an art festival that started on Friday to celebrate Matsu’s culture, history and landscape. Travelers to Matsu, which lies about 190km northwest of Taipei, must fly or take the state-run New Taima passenger ship. However, flights are often canceled during fog season from April to June. Chen spoke about her vision to promote Matsu as a tourist attraction in
PAWSITIVE IMPACT: A shop owner said that while he adopted cats to take care of rodents, they have also attracted younger visitors who also buy his dried goods In Taipei’s Dadaocheng (大稻埕), cats lounging in shops along Dihua Street do more than nap amid the scent of dried seafood. Many have become beloved fixtures who double as photography models, attracting visitors and helping boost sales in one of the capital’s most historic quarters. A recent photo contest featuring more than a dozen shop cats drew more than 2,200 submissions, turning everyday cat-spotting into a friendly competition that attracted amateur and professional photographers. “It’s rare to see cats standing, so when it suddenly did, it felt like a lucky cat,” said Sabrina Hsu (徐淳蔚), who won the NT$10,000 top prize in