The Taipei District Court yesterday set Sept. 11 as the date it will announce its verdict in the corruption cases against former president Chen Shui-bian (陳水扁).
The former president has maintained that the money he sent overseas was from leftover campaign funds that he dedicated to classified foreign relations building, while denying that the money was earned through illegal dealings.
The court will hear the closing defense from former first lady Wu Shu-jen (吳淑珍) and the former president on Monday and Tuesday respectively.
Chen was indicted on Dec. 13 last year on charges of embezzling government funds, money laundering and forgery, along with 13 co-defendants, including his wife. He is incarcerated at the Taipei Detention Center.
Presiding Judge Tsai Shou-hsun (蔡守訓) also set Aug. 4 as the date on which the court will hear arguments on whether the couple’s son Chen Chih-chung (陳致中) and daughter-in-law Huang Jui-ching (黃睿靚), and others would be allowed to enter plea bargaining.
The younger Chen and his wife had promised to wire the family’s overseas funds of about NT$1.2 billion (US$36 million) from Swiss accounts and paper companies back to Taiwan as part of the conditions to enter plea bargaining.
However, none of the money has been remitted because Swiss authorities froze the funds based on the two country’s judicial mutual assistance agreement. Taiwanese prosecutors are in the process of requesting that the money be unfrozen and wired back.
Meanwhile, Tsai yesterday heard closing arguments from former Hsinchu Science Park chief James Lee (李界木), who is also a co-defendant in Chen Shui-bian’s trial. Lee, along with Chen Shui-bian, is charged with taking kickbacks from a government land deal in Longtan (龍潭), Taoyuan County.
Lee yesterday admitted to taking NT$30 million (US$1 million) in bribes and pleaded to the court for a light sentence. When Lee testified as a witness in Chen Shui-bian’s trials, his testimony contradicted what he told Special Investigation Panel prosecutors.
Prosecutors argued that Lee’s contradictory remarks showed he had been trying to cover up for the former president and Wu, and advised against a lighter sentence.
Prosecutors allege that in a meeting at the Presidential Office between the former president, Lee and other government officials, Chen Shui-bian proposed that the administration first rent the plot of land, then buy it and eventually include it as part of a science park.
Prosecutors allege that the plan was for the former first lady to collect NT$400 million (US$12 million) in bribes as part of a deal between the government-run Hsinchu Science Park and Dayu Development Corp.
Taiwan is projected to lose a working-age population of about 6.67 million people in two waves of retirement in the coming years, as the nation confronts accelerating demographic decline and a shortage of younger workers to take their place, the Ministry of the Interior said. Taiwan experienced its largest baby boom between 1958 and 1966, when the population grew by 3.78 million, followed by a second surge of 2.89 million between 1976 and 1982, ministry data showed. In 2023, the first of those baby boom generations — those born in the late 1950s and early 1960s — began to enter retirement, triggering
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
The National Development Council (NDC) yesterday unveiled details of new regulations that ease restrictions on foreigners working or living in Taiwan, as part of a bid to attract skilled workers from abroad. The regulations, which could go into effect in the first quarter of next year, stem from amendments to the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) passed by lawmakers on Aug. 29. Students categorized as “overseas compatriots” would be allowed to stay and work in Taiwan in the two years after their graduation without obtaining additional permits, doing away with the evaluation process that is currently required,
RELEASED: Ko emerged from a courthouse before about 700 supporters, describing his year in custody as a period of ‘suffering’ and vowed to ‘not surrender’ Former Taiwan People’s Party (TPP) chairman Ko Wen-je (柯文哲) was released on NT$70 million (US$2.29 million) bail yesterday, bringing an end to his year-long incommunicado detention as he awaits trial on corruption charges. Under the conditions set by the Taipei District Court on Friday, Ko must remain at a registered address, wear a GPS-enabled ankle monitor and is prohibited from leaving the country. He is also barred from contacting codefendants or witnesses. After Ko’s wife, Peggy Chen (陳佩琪), posted bail, Ko was transported from the Taipei Detention Center to the Taipei District Court at 12:20pm, where he was fitted with the tracking
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