According to the latest report on public officials' assets released by the Control Yuan yesterday, first lady Wu Shu-jen (
The report showed that the face value of Wu's stock assets was NT$48.32 million, up from NT$8.19 million declared in a report on June 11, 2004. According to the report, Wu's stock assets were put into trust and managed by Hua Nan Bank.
Hua Nan's chairman is Lin Ming-cheng (
Wu's trust arrangement with Hua Nan Bank will give President Chen Shui-bian's (陳水扁) political opponents more ammunition in their accusations about an improper relationship between Lin and the first family -- particularly since the stock gains were so large.
Chinese Nationalist Party (KMT) Legislator Chiu Yi (
The Presidential Office yesterday issued a statement dismissing media speculation that the first lady asked Lin to personally handle her stock trading, which helped her rake in the large sum within two years.
The statement said that Wu had not purchased additional stocks since putting her assets in trust at Hua Nan Financial Holding Co in November 2004, and that she never asked Lin to handle her stocks.
The statement also denied a media report saying that the president had failed to follow regulations on compulsory property trusts for civil servants in 2004.
THE HAWAII FACTOR: While a 1965 opinion said an attack on Hawaii would not trigger Article 5, the text of the treaty suggests the state is covered, the report says NATO could be drawn into a conflict in the Taiwan Strait if Chinese forces attacked the US mainland or Hawaii, a NATO Defense College report published on Monday says. The report, written by James Lee, an assistant research fellow at Academia Sinica’s Institute of European and American Studies, states that under certain conditions a Taiwan contingency could trigger Article 5 of NATO, under which an attack against any member of the alliance is considered an attack against all members, necessitating a response. Article 6 of the North Atlantic Treaty specifies that an armed attack in the territory of any member in Europe,
FLU SEASON: Twenty-six severe cases were reported from Tuesday last week to Monday, including a seven-year-old girl diagnosed with influenza-associated encephalopathy Nearly 140,000 people sought medical assistance for diarrhea last week, the Centers for Disease Control (CDC) said on Tuesday. From April 7 to Saturday last week, 139,848 people sought medical help for diarrhea-related illness, a 15.7 percent increase from last week’s 120,868 reports, CDC Epidemic Intelligence Center Deputy Director Lee Chia-lin (李佳琳) said. The number of people who reported diarrhea-related illness last week was the fourth highest in the same time period over the past decade, Lee said. Over the past four weeks, 203 mass illness cases had been reported, nearly four times higher than the 54 cases documented in the same period
Heat advisories were in effect for nine administrative regions yesterday afternoon as warm southwesterly winds pushed temperatures above 38°C in parts of southern Taiwan, the Central Weather Administration (CWA) said. As of 3:30pm yesterday, Tainan’s Yujing District (玉井) had recorded the day’s highest temperature of 39.7°C, though the measurement will not be included in Taiwan’s official heat records since Yujing is an automatic rather than manually operated weather station, the CWA said. Highs recorded in other areas were 38.7°C in Kaohsiung’s Neimen District (內門), 38.2°C in Chiayi City and 38.1°C in Pingtung’s Sandimen Township (三地門), CWA data showed. The spell of scorching
HOSPITALITY HIT: Hotels in Hualien have an occupancy rate of 10 percent, down from 30 percent before the earthquake, a Tourism Administration official said The Executive Yuan yesterday unveiled a stimulus package of vouchers and subsidies to revive tourism in Hualien County following a quake measuring 7.2 on the Richter scale. The tremor on April 3, which killed at least 17 people and left two others missing, caused the county an estimated NT$3 billion (US$92.7 million) in damages. The Ministry of Economic Affairs is to issue vouchers worth NT$200 at the price of NT$100 for purchases at the Dongdamen Night Market (東大門夜市) in Hualien City to boost spending, a ministry official told a news conference after a Cabinet meeting in Taipei. The ministry plans to issue 18,400