National Women’s League assets worth NT$38.5 billion (US$1.32 billion), which were frozen in February, would be confiscated by the state if investigations determine them to be illegally acquired, the Ill-gotten Party Assets Settlement Committee said.
The committee in February determined the league to be a Chinese Nationalist Party (KMT)-affiliated organization and lodged formal complaints against former league chairwoman Cecilia Koo (辜嚴倬雲) and her daughter Koo Huai-ju (辜懷如) for allegedly destroying records.
Cecilia Koo in May last year moved 170 boxes containing league documents and accounts to a warehouse owned by the Koo family-operated Taiwan Cement Corp. In December last year, Koo Huai-ju and family assistant Liu Kai-li (劉凱理) reportedly destroyed most of the records with a paper shredder.
The committee said it filed formal complaints with the Taipei District Prosecutors’ Office against the two women and one employee for destroying the documents and obstructing its investigation after league employees testified that they were instructed to pack up league records in May last year.
A trial has been scheduled for Wednesday at which league deputy secretary-general Nancy Nee (汲宇荷) and league head of general affairs Chu Ai-na (朱愛娜) are to appear as witnesses, the committee said, adding that case defendant Cecilia Koo has yet to return from the US, where she has been staying.
Initial investigations into records from the past 10 years have already uncovered that the league transferred funds to the KMT over this period, the committee said, adding that five recovered boxes of documents showed that the KMT supplied the majority of military taxes and surcharges that were the league’s main source of income from 1955 to 1989.
Investigations of records from 1960 to 1989 show that the league’s income from military taxes and surcharges was not as much as the public perceived it to be, the committee said, adding that the league had other sources of revenue, receiving donations from theater ticket sales, the textile industry and bank interest, among other sources.
The league used the military taxes and surcharges to generate interest, rather than using the money to assist troops, as was intended, the committee said, adding that the league could earn annual interest of up to 10 percent during the economic boom years.
“Revenue from military taxes and surcharges was supposed to be spent on military barracks and on the troops… Where did the extra funds go?” committee spokeswoman Shih Chin-fang (施錦芳) said.
After the taxes and surcharges were discontinued in 1989, the league was asked by authorities to return unused funds, but it refused to do so, Shih said.
The donations made to the league are seen by some as tributes paid to [Chiang Kai-shek’s (蔣介石) wife and league founder] Soong Mayling (宋美齡), Shih said.
“They just spent the money however they wanted, nobody dared to pressure them to hand it over,” she said.
The military has spotted two Chinese warships operating in waters near Penghu County in the Taiwan Strait and sent its own naval and air forces to monitor the vessels, the Ministry of National Defense (MND) said. Beijing sends warships and warplanes into the waters and skies around Taiwan on an almost daily basis, drawing condemnation from Taipei. While the ministry offers daily updates on the locations of Chinese military aircraft, it only rarely gives details of where Chinese warships are operating, generally only when it detects aircraft carriers, as happened last week. A Chinese destroyer and a frigate entered waters to the southwest
A magnitude 6.1 earthquake struck off the coast of Yilan County at 8:39pm tonight, the Central Weather Administration (CWA) said, with no immediate reports of damage or injuries. The epicenter was 38.7km east-northeast of Yilan County Hall at a focal depth of 98.3km, the CWA’s Seismological Center said. The quake’s maximum intensity, which gauges the actual physical effect of a seismic event, was a level 4 on Taiwan’s 7-tier intensity scale, the center said. That intensity level was recorded in Yilan County’s Nanao Township (南澳), Hsinchu County’s Guansi Township (關西), Nantou County’s Hehuanshan (合歡山) and Hualien County’s Yanliao (鹽寮). An intensity of 3 was
Japanese Prime Minister Sanae Takaichi’s comment last year on Tokyo’s potential reaction to a Taiwan-China conflict has forced Beijing to rewrite its invasion plans, a retired Japanese general said. Takaichi told the Diet on Nov. 7 last year that a Chinese naval blockade or military attack on Taiwan could constitute a “survival-threatening situation” for Japan, potentially allowing Tokyo to exercise its right to collective self-defense. Former Japan Ground Self-Defense Force general Kiyofumi Ogawa said in a recent speech that the remark has been interpreted as meaning Japan could intervene in the early stages of a Taiwan Strait conflict, undermining China’s previous assumptions
Taiwan Railways Corp (TRC) today announced that Shin Kong Mitsukoshi has been selected as the preferred bidder to operate the Taipei Railway Station shopping mall, replacing the current operator, Breeze Development Co Ltd. Among eight qualified firms that delivered presentations and were evaluated by a review committee, Shin Kong Mitsukoshi was ranked first, while Breeze was named the runner-up, the rail company said in a statement. Contract negotiations are to proceed in accordance with regulations, it said, adding that if negotiations with the top bidder fail, it could invite the second-ranked applicant to enter talks. Breeze in a statement today expressed doubts over
RSS