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 (
LONG FLIGHT: The jets would be flown by US pilots, with Taiwanese copilots in the two-seat F-16D variant to help familiarize them with the aircraft, the source said The US is expected to fly 10 Lockheed Martin F-16C/D Block 70/72 jets to Taiwan over the coming months to fulfill a long-awaited order of 66 aircraft, a defense official said yesterday. Word that the first batch of the jets would be delivered soon was welcome news to Taiwan, which has become concerned about delays in the delivery of US arms amid rising military tensions with China. Speaking on condition of anonymity, the official said the initial tranche of the nation’s F-16s are rolling off assembly lines in the US and would be flown under their own power to Taiwan by way
OBJECTS AT SEA: Satellites with synthetic-aperture radar could aid in the detection of small Chinese boats attempting to illegally enter Taiwan, the space agency head said Taiwan aims to send the nation’s first low Earth orbit (LEO) satellite into space in 2027, while the first Formosat-8 and Formosat-9 spacecraft are to be launched in October and 2028 respectively, the National Science and Technology Council said yesterday. The council laid out its space development plan in a report reviewed by members of the legislature’s Education and Culture Committee. Six LEO satellites would be produced in the initial phase, with the first one, the B5G-1A, scheduled to be launched in 2027, the council said in the report. Regarding the second satellite, the B5G-1B, the government plans to work with private contractors
‘NARWHAL’: The indigenous submarine completed its harbor acceptance test recently and is now under heavy guard as it undergoes tests in open waters, a source said The Hai Kun (海鯤), the nation’s first indigenous defense submarine, yesterday began sea trials, sailing out of the Port of Kaohsiung, a military source said. Also known as the “Narwhal,” the vessel departed from CSBC Corp, Taiwan’s (台灣國際造船) shipyard at about 8am, where it had been docked. More than 10 technicians and military personnel were on deck, with several others standing atop the sail. After recently completing its harbor acceptance test, the vessel has started a series of sea-based trials, including tests of its propulsion and navigational systems, while partially surfaced, the source said. The Hai Kun underwent tests in the port from
New Taipei City prosecutors yesterday indicted nine entertainers over their alleged connection to a fraud ring that produces falsified documents to help people evade military service, including actor Darren Wang (王大陸) and show host William Liao (廖威廉). Twenty-eight people were charged with contravening the Punishment for Violation of Military Service System Act (妨害兵役治罪條例) and Article 214 of the Criminal Code for “causing a public official to make a false entry in a public document.” Prosecutors alleged the fraud ring was ran by a man, Chen Chih-ming (陳志明), and his three assistants, and that they were paid to help people dodge compulsory
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