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 (
The nation’s fastest supercomputer, Nano 4 (晶創26), is scheduled to be launched in the third quarter, and would be used to train large language models in finance and national defense sectors, the National Center for High-Performance Computing (NCHC) said. The supercomputer, which would operate at about 86.05 petaflops, is being tested at a new cloud computing center in the Southern Taiwan Science Park in Tainan. The exterior of the server cabinet features chip circuitry patterns overlaid with a map of Taiwan, highlighting the nation’s central position in the semiconductor industry. The center also houses Taiwania 2, Taiwania 3, Forerunner 1 and
Japan has deployed long-range missiles in a southwestern region near China, the Japanese defense minister said yesterday, at a time when ties with Beijing are at their lowest in recent years. The missiles were installed in Kumamoto in the southern region of Kyushu, as Japan is attempting to shore up its military capacity as China steps up naval activity in the East China Sea. “Standoff defense capabilities enable us to counter the threat of enemy forces attempting to invade our country ... while ensuring the safety of our personnel,” Japanese Minister of Defense Shinjiro Koizumi said. “This is an extremely important initiative for
MORE POPULAR: Taiwan Pass sales increased by 59 percent during the first quarter compared with the same period last year, the Tourism Administration said The Tourism Administration yesterday said that it has streamlined the Taiwan Pass, with two versions available for purchase beginning today. The tourism agency has made the pass available to international tourists since 2024, allowing them to access the high-speed rail, Taiwan Railway Corp services, four MRT systems and four Taiwan Tourist Shuttles. Previously, five types of Taiwan Pass were available, but some tourists have said that the offerings were too complicated. The agency said only two types of Taiwan Pass would be available, starting from a three-day pass with the high-speed rail and a three-day pass with Taiwan Railway Corp. The former costs NT$2,800
FIRST TRIAL: Ko’s lawyers sought reduced bail and other concessions, as did other defendants, but the bail judge denied their requests, citing the severity of the sentences Former Taipei mayor Ko Wen-je (柯文哲) was yesterday sentenced to 17 years in prison and had his civil rights suspended for six years over corruption, embezzlement and other charges. Taipei prosecutors in December last year asked the Taipei District Court for a combined 28-year, six-month sentence for the four cases against Ko, who founded the Taiwan People’s Party (TPP). The cases were linked to the Core Pacific City (京華城購物中心) redevelopment project and the mismanagement of political donations. Other defendants convicted on separate charges included Chinese Nationalist Party (KMT) Taipei City Councilor Angela Ying (應曉薇), who was handed a 15-year, six-month sentence; Core Pacific
RSS