Investigators from the Ministry of Justice Investigation Bureau visited the Taipei headquarters of the scandal-ridden Chung Shing Bank (
Prosecutors denied, however, that their action yesterday constituted a "raid", maintaining it was intended only to "collect" (
National media, however, later in the day reported that investigators now have reliable evidence that Wang Yu-yun (
The scandal involving the bank broke last week when an investigation into the bank's affairs started amid suspicions that the bank had extended credit to the Taiwan Pineapple Corporation (
Wang Shuen-ren (
Prosecutors are now investigating the possibility that the top leadership of Chung Shing took under-the-table payments from Taiwan Pineapple in return for extending the loans.
MJIB officers yesterday went to Chung Shing's Taipei headquarters armed with a search warrant issued by prosecutor Wang Wen-teh (
The MJIB officers took away three large cartons of supposedly related materials, but prosecutors refused to discuss the contents of what was taken.
Chang Wen-cheng (
"The idea was just to collect some documents, and if the bank did not cooperate, then the investigators would show them the warrant and search," Chang said.
Investigation Bureau officials, meanwhile, said they have requested Huang Tsung-hung (
Amid expectations that the case could snowball and that higher-ranking people from Chung Shing Bank could be found to be involved, Chang Wen-cheng, stressed that until now, there are only two people who stand accused of improprieties -- Wang Shuen-ren and Wu Pi-yun (
Wang Wen-teh also said that it has yet to be decided if or when he would summon Wang Yu-yun for questioning.
After the raid, Wang Chih-hsiung (
A magnitude 7.0 earthquake struck off Yilan at 11:05pm yesterday, the Central Weather Administration (CWA) said. The epicenter was located at sea, about 32.3km east of Yilan County Hall, at a depth of 72.8km, CWA data showed There were no immediate reports of damage. The intensity of the quake, which gauges the actual effect of a seismic event, measured 4 in Yilan County area on Taiwan’s seven-tier intensity scale, the data showed. It measured 4 in other parts of eastern, northern and central Taiwan as well as Tainan, and 3 in Kaohsiung and Pingtung County, and 2 in Lienchiang and Penghu counties and 1
FOREIGN INTERFERENCE: Beijing would likely intensify public opinion warfare in next year’s local elections to prevent Lai from getting re-elected, the ‘Yomiuri Shimbun’ said Internal documents from a Chinese artificial intelligence (AI) company indicated that China has been using the technology to intervene in foreign elections, including propaganda targeting Taiwan’s local elections next year and presidential elections in 2028, a Japanese newspaper reported yesterday. The Institute of National Security of Vanderbilt University obtained nearly 400 pages of documents from GoLaxy, a company with ties to the Chinese government, and found evidence that it had apparently deployed sophisticated, AI-driven propaganda campaigns in Hong Kong and Taiwan to shape public opinion, the Yomiuri Shimbun reported. GoLaxy provides insights, situation analysis and public opinion-shaping technology by conducting network surveillance
‘POLITICAL GAME’: DPP lawmakers said the motion would not meet the legislative threshold needed, and accused the KMT and the TPP of trivializing the Constitution The Legislative Yuan yesterday approved a motion to initiate impeachment proceedings against President William Lai (賴清德), saying he had undermined Taiwan’s constitutional order and democracy. The motion was approved 61-50 by lawmakers from the main opposition Chinese Nationalist Party (KMT) and the smaller Taiwan People’s Party (TPP), who together hold a legislative majority. Under the motion, a roll call vote for impeachment would be held on May 19 next year, after various hearings are held and Lai is given the chance to defend himself. The move came after Lai on Monday last week did not promulgate an amendment passed by the legislature that
AFTERMATH: The Taipei City Government said it received 39 minor incident reports including gas leaks, water leaks and outages, and a damaged traffic signal A magnitude 7.0 earthquake struck off Taiwan’s northeastern coast late on Saturday, producing only two major aftershocks as of yesterday noon, the Central Weather Administration (CWA) said. The limited aftershocks contrast with last year’s major earthquake in Hualien County, as Saturday’s earthquake occurred at a greater depth in a subduction zone. Saturday’s earthquake struck at 11:05pm, with its hypocenter about 32.3km east of Yilan County Hall, at a depth of 72.8km. Shaking was felt in 17 administrative regions north of Tainan and in eastern Taiwan, reaching intensity level 4 on Taiwan’s seven-tier seismic scale, the CWA said. In Hualien, the
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