The National Communications Commission (NCC) said yesterday it had approved the Broadcasting Corporation of China's (BCC) application to transfer its shares to four companies believed to be owned by former UFO Radio chairman Jaw Shaw-kong (
The commission also approved BCC's application to change the chairman of its board. Jaw is now officially the chairman of the newly purchased BCC.
BCC was sold by the Chinese Nationalist Party (KMT) on Dec. 24 to China Times Group subsidiary Jungli Investment Co in a NT$9.3 billion (US$281.6 million) package that included China Television Co and the Central Motion Picture Corp.
New Party founder Jaw then bought the BCC shares from Hua Hsia Investment Holding Co, which reportedly manages KMT assets.
The commission issued a ruling before the Lunar New Year this year asking Jaw to fulfill several requirements before the two applications could be approved.
NCC spokesperson Howard Shyr (石世豪) said yesterday that the two frequencies were originally given to BCC to broadcast anti-communism propaganda.
That campaign had since ceased and the two frequencies were then used to create the station's nationwide broadcast networks. The station must return these two frequencies to the government after the government assigns them to new operators.
Shyr emphasized that the written promise is legally binding. Should the radio station fail to fulfill any of its stated promises, the commission has the legal authority to annul the approval.
"In general, applications of this type should be processed in a faster manner," he said. "The commission set the precedent for this case in that a longer time frame and more attention was devoted to the review process."
The BCC has also promised to have its shares traded in public within two years. Meanwhile, the radio station said it would strive to raise the percentage of self-made programs and to strictly follow the regulations of the Broadcasting and Television Law (廣播電視法), which requires that political parties, the government and the military withdraw from operating media outlets.
The station must also guarantee that there will be no illegal investment from China, Hong Kong, or other overseas investors.
According to the written promise, Jaw has agreed to try to reduce his wife Liang Lei's (
Cabinet spokesman Shieh Jhy-wey (謝志偉) said last night that the NCC's ruling was meant to benefit BCC exclusively.
"If evidence is found of misconduct by commission members, the Executive Yuan will take legal action against them," he said.
Shieh added that the Executive Yuan had discovered that Jaw was a shareholder in the four companies, but that it could find neither their funding sources nor banking records.
The Executive Yuan has ordered the Ministry of Economic Affairs and Financial Supervisory Commission to investigate these companies and to file a report within a week, he added.
Democratic Progressive Party (DPP) Legislator Hsu Kuo-yung (
Responding to Hsu's criticism, KMT Legislator Hung Hsiu-chu (
"As long as the BCC meets the NCC's demands concerning the transaction, there is no reason for any party to oppose the ruling," Hung said.
A Taipei veterinarian is urging pet owners to avoid using insecticides around their homes, as their ingredients can be toxic to pets. Commercial-grade insecticides contain pyrethroids — organic compounds similar to natural pyrethrins, pesticides produced by flowers such as chrysanthemums — in quantities that are harmless to humans, but potentially fatal to cats and dogs, Asian Veterinary Specialist Referral Center veterinarian Chua Man-ling (蔡曼琳) said. Even in small quantities, pyrethroids are hazardous to cats, as they lack the metabolic enzymes needed to process them, Chua said. Cockroach sprays and ant traps are especially dangerous to pets as they contain boric acid, she
People should avoid eating too many zongzi (粽子, glutinous rice wrapped in bamboo leaves), as consuming several in one meal could cause indigestion, bloating, gastric acid reflux, heartburn and other stomach ailments, a doctor said on Saturday. Zongzi is a traditional delicacy for the Dragon Boat Festival, which was on Thursday. Citing a recent case as an example, Cathay General Hospital gastroenterology department head Chu Yu-ming (朱淯銘) said that a 58-year-old taxi driver surnamed Hsiao (蕭) ate meals at irregular hours due to his work and has been taking diabetes medicine for three years. Hsiao recently bought a bag of zongzi and ate
While stereotypically considered a household pest that simply will not die, Hung Ting-yang’s (洪鼎揚) experience with Archimandrita tesselata, commonly called the peppered roach, might change a person’s mind. The peppered roach originates in South America, is omnivorous and, as it is capable of growing to 7cm to 9cm long, is a giant compared with other roaches, which have an average length of about 4cm. The peppered roach goes through six separate chrysalis stages and takes nine months to reach full maturity. Mature roaches have wings, but cannot fly and can only glide. They have an average lifespan of three years. As his
The EU’s list of safe nations to which it would reopen borders next week does not include Taiwan, but the Ministry of Foreign Affairs yesterday said the list has not been finalized and some EU countries have highlighted the importance of “reciprocity.” The provisional list comprises Algeria, Andorra, Australia, Canada, Georgia, Japan, Monaco, Montenegro, Morocco, New Zealand, Rwanda, San Marino, Serbia, South Korea, Thailand, Tunisia, Uruguay and the Vatican, the New York Times reported on Friday. The EU said it would add China, considered one of the “acceptable countries,” if it also opens its borders to EU travelers, the newspaper reported. Backed by