The second scheduled talk between the Ministry of Finance and the Chinese Nationalist Party (KMT) over the party's disputed assets ended without any results yesterday, as both parties called into question one another's sincerity in tackling the issue.
The first talk took place on Jan. 16 and never got off the ground, because both sides were locked in an argument over logistical issues surrounding the meeting.
Yesterday's negotiations lasted one-and-a-half hours, with the ministry represented by Minister of Finance Lin Chuan (林全) while the KMT was represented by a team of lawyers headed by Y.R. Lee (李永然).
While the ministry wanted both sides to review basic principles concerning the disposition of the KMT's disputed assets, the KMT, noting that the government chose to tackle the issue now and not during the past three years, questioned the ministry's actions, saying they were motivated by the approaching presidential election.
At a press conference held yesterday afternoon following the meeting with the KMT, Lin denied there was any electoral considerations about the ministry's stance in tackling the issue.
Lin said that it wasn't that the government did not try to tackle the issue during the past three years, but mainly that the process was hampered by the lack of laws governing a political party's assets.
Bills governing disposition of assets improperly obtained by political parties (
Lin said that "the KMT is not sincere in wanting to return its assets because it wants to return only a part and not the entirety of its [disputed] assets."
The KMT also accused the Ministry of the Finance (MOF) of lacking sincerity in tackling the issue.
"After the two talks we've had with the MOF, we are filled with doubts as to whether the ministry is indeed sincere in tackling the party assets issue concerning the KMT," said Lin Yung-jui (林永瑞), deputy directory of the party's Administration and Management Committee, at a press conference held at the KMT's headquarters in Taipei.
Lin Yung-jui alleged that the MOF was dragging out the issue to turn it into a propaganda tool in the run-up to the presidential election.
Lin Yung-jui also expressed dissatisfaction that Lin Chuan presumed that the party's assets were acquired illegally.
Although no consensus was reached during yesterday's discussion, Lin Chuan expressed the ministry's willingness to meet again while the KMT stressed that yesterday's fruitless negotiation would not alter the KMT's attitude toward the disposition of its properties.
According to Lin Yung-jui, the party had, since last September, relinquished 80 percent of the party's 165 properties to their owners.
Lin Yung-jui added that the party is also now handing over its seven movie theaters, the Shih Chien building (實踐大樓) and the Shih Chien Hall (實踐堂) which the party had announced in December that it would relinquish to the original owners.
Taiwan is to commence mass production of the Tien Kung (天弓, “Sky Bow”) III, IV and V missiles by the second quarter of this year if the legislature approves the government’s NT$1.25 trillion (US$39.78 billion) special defense budget, an official said yesterday. Commenting on condition of anonymity, a defense official with knowledge of the matter said that the advanced systems are expected to provide crucial capabilities against ballistic and cruise missiles for the proposed “T-Dome,” an advanced, multi-layered air defense network. The Tien Kung III is an air defense missile with a maximum interception altitude of 35km. The Tien Kung IV and V
The disruption of 941 flights in and out of Taiwan due to China’s large-scale military exercises was no accident, but rather the result of a “quasi-blockade” used to simulate creating the air and sea routes needed for an amphibious landing, a military expert said. The disruptions occurred on Tuesday and lasted about 10 hours as China conducted live-fire drills in the Taiwan Strait. The Civil Aviation Administration (CAA) said the exercises affected 857 international flights and 84 domestic flights, affecting more than 100,000 travelers. Su Tzu-yun (蘇紫雲), a research fellow at the government-sponsored Institute for National Defense and Security Research, said the air
Trips for more than 100,000 international and domestic air travelers could be disrupted as China launches a military exercise around Taiwan today, Taiwan’s Civil Aviation Administration (CAA) said yesterday. The exercise could affect nearly 900 flights scheduled to enter the Taipei Flight Information Region (FIR) during the exercise window, it added. A notice issued by the Chinese Civil Aviation Administration showed there would be seven temporary zones around the Taiwan Strait which would be used for live-fire exercises, lasting from 8am to 6pm today. All aircraft are prohibited from entering during exercise, it says. Taipei FIR has 14 international air routes and
Taiwan lacks effective and cost-efficient armaments to intercept rockets, making the planned “T-Dome” interception system necessary, two experts said on Tuesday. The concerns were raised after China’s military fired two waves of rockets during live-fire drills around Taiwan on Tuesday, part of two-day exercises code-named “Justice Mission 2025.” The first wave involved 17 rockets launched at 9am from Pingtan in China’s Fujian Province, according to Lieutenant General Hsieh Jih-sheng (謝日升) of the Office of the Deputy Chief of the General Staff for Intelligence at the Ministry of National Defense. Those rockets landed 70 nautical miles (129.6km) northeast of Keelung without flying over Taiwan,