The Taipei District Prosecutors' Office appears set to begin summoning officials from the finance ministry today for questioning over allegations of financial impropriety against independent presidential candidate James Soong (
The prosecutors' office is also likely to summon Soong himself, as well as his financial advisor, Chen Pi-yun (
KMT legislator Yang Chi-hsiung (
Yang has filed charges of tax evasion against Soong.
The case against Soong involves funds totalling more than NT$1 billion that were deposited in accounts belonging to his relatives, including his son, sister-in-law and her son, which Soong has since claimed were intended to be used to care for relatives of the late president Chiang Ching-kuo (蔣經國) as well as "party business."
Officials at the prosecutors' office said they had decided to begin the interrogatory sessions rather than waiting for further documents from the finance ministry.
The prosecutors' office will ask the ministry to supply additional information to clarify some points in its report.
The finance ministry has submitted a report on the Soong scandal to the prosecutors' office, but it does not include certain key evidence, including information on the seal Soong used for the "KMT secretary-general's account" he opened privately in the early 1990s.
At KMT headquarters, meanwhile, officials continued to attack Soong yesterday, saying he still has not clarified the origin and final destination of funds in the KMT secretary-general's account. The officials also asked him to disclose exactly how much money he actually remitted to the US between October and November, 1998, during the timethe provincial government was downsized.
Meanwhile, reports continues to emerge about so-called "donors" to party political funds.
The Chinese-language press reported yesterday that in December 1992, in the run up to the legislative elections, Soong received a check for NT$30 million without a designated payee from the local construction tycoon Liang Po-hsun (
Soong immediately put the donation into his KMT secretary-general's account, the report said.
The money was withdrawn from that account in early 1993 and used to buy securities at the Chunghsing Bills Finance Corp, the report said.
As the amount of Liang's donation was ten times the legal ceiling for corporate donations to political parties, investigative authorities are probing possible tax evasion and misappropriation by Soong, the report said.
PROVOCATIVE: Chinese Deputy Ambassador to the UN Sun Lei accused Japan of sending military vessels to deliberately provoke tensions in the Taiwan Strait China denounced remarks by Japan and the EU about the South China Sea at a UN Security Council meeting on Monday, and accused Tokyo of provocative behavior in the Taiwan Strait and planning military expansion. Ayano Kunimitsu, a Japanese vice foreign minister, told the Council meeting on maritime security that Tokyo was seriously concerned about the situation in the East China and South China seas, and reiterated Japan’s opposition to any attempt to change the “status quo” by force, and obstruction of freedom of navigation and overflight. Stavros Lambrinidis, head of the EU delegation to the UN, also highlighted South China Sea
SILENCING CRITICS: In addition to blocking Taiwan, China aimed to prevent rights activists from speaking out against authoritarian states, a Cabinet department said The Ministry of Foreign Affairs (MOFA) yesterday condemned transnational repression by Beijing after RightsCon, a major digital human rights conference scheduled to be held in Zambia this week, was abruptly canceled due to Chinese pressure over Taiwanese participation. This year’s RightsCon, the world’s largest conference discussing issues “at the intersection of human rights and technology,” was scheduled to take place from tomorrow to Friday in Lusaka, and expected to draw 2,600 in-person attendees from 150 countries, along with 1,100 online participants. However, organizers were forced to cancel the event due to behind-the-scenes pressure from China, the ministry said, expressing its “strongest condemnation”
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, said it expects its 2-nanometer (2nm) chip capacity to grow at a compound annual rate of 70 percent from this year to 2028. The projection comes as five fabs begin volume production of 2-nanometer chips this year — two in Hsinchu and three in Kaohsiung — TSMC senior vice president and deputy cochief operating officer Cliff Hou (侯永清) said at the company’s annual technology symposium in Silicon Valley, California, last week. Output in the first year of 2-nanometer production, which began in the fourth quarter of last year, is expected to
Taiwan’s economy grew far faster than expected in the first quarter, as booming demand for artificial intelligence (AI) applications drove a surge in exports, spilling over into investment and consumption, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. GDP growth was 13.69 percent year-on-year during the January-to-March period, beating the DGBAS’ February forecast by 2.23 percentage points and marking the most robust growth in nearly four decades, DGBAS senior official Chiang Hsin-yi (江心怡) told a news conference in Taipei. The result was powered by exports, which remain the backbone of Taiwan’s economy, Chiang said. Outbound shipments jumped 51.12 percent year-on-year to