President Ma Ying-jeou (馬英九) yesterday approved the resignation of Fan Chen-chung (范振宗), one of his advisers, the Presidential Office said.
Fan, who was sentenced to five-and-a-half years in jail earlier in the day by the Hsinchu District Court on charges of corruption dating to his tenure as Hsinchu councilor between 1989 and 1997, offered to resign as an adviser to the president last Friday, Presidential spokesman Lo Chih-chiang (羅智強) said.
Fan was convicted of offering illegal profits to businessmen by allowing them to use a marketplace for other commercial uses.
Fan, formerly a member of the Democratic Progressive Party (DPP), was appointed by former president Chen Shui-bian (陳水扁) as Council of Agriculture minister in 2000. He quit the DPP last year.
Fan denied the charges and said he would appeal his conviction.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
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Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
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