The Chung Hsing Bills Finance scandal, which derailed PFP Chairman James Soong's (宋楚瑜) previous presidential bid, is by no means dead and buried, TSU lawmakers said yesterday.
As Soong wraps up a deal with the KMT on the joint presidential ticket between the two parties, former president Lee Teng-hui (
The revelations will ruin Soong's political aspirations once and for all, the lawmakers predicted.
Yesterday's remarks came on the heals of a reminder by President Chen Shui-bian (
While prosecutors decided in 2001 that there was insufficient evidence to indict Soong, new evidence may come to light allowing the case to go forward.
Although the KMT has said that its accusations against Soong were all the result of a "misunderstanding," it is not up to the KMT alone to decide whether the case is open or closed.
The uproar surfaced in 1999 when the KMT pressed embezzlement and other criminal suits against Soong, saying he pocketed vast sums of party funds in his capacity as KMT secretary-general in the early 1990's.
After prosecutors decided not to indict Soong two years ago, two lawyers representing the KMT asked to reopen the case, noting that investigators passed over key evidence and witnesses during their year-long probe.
Soong has said the money he is alleged to have bilked the KMT of, which was found in his son's account in the KMT-owned Chung Hsing Bills Co, was put in his charge by then-president and party chairman Lee to carry out covert party missions. Lee has derided Soong's claim as an outright lie.
Seeking to defend Soong, PFP legislators interpreted Chen's comments yesterday as a veiled order for judicial officials to look unfavorably on Soong's alleged financial misdeeds.
PFP legislative leader Chiu Yi (邱毅) directed his rage at Chen, saying his Wednesday statement stemmed from a selfish desire to tarnish Soong's reputation in the run-up to next year's presidential polls.
"The decision not to indict stays valid unless prosecutors rule otherwise," Chiu said. "The president has no right to abuse his power by making remarks that may influence the investigation."
DPP legislative whip Chen Chi-mai (陳其邁) said that the matter, in light of its nature as a criminal case, is not something that can be privately settled between the parties involved -- Soong and the KMT.
Also See Story:
Editorial: Who are the real conspirators?
A signaling system malfunction disrupted high-speed rail (HSR) services beginning at 8am today, with trains temporarily reduced to three northbound and three southbound trains per hour as authorities conduct inspections. The malfunction occurred on a section of track in Miaoli County during pre-operation checks early this morning, forcing northbound and southbound trains to use a single track, the HSR operator said. The regular schedule has been replaced with three hourly trains offering only nonreserved seating in each direction, stopping at every station, it said, adding that business class cars would still have reserved seating. Departures from terminal stations are scheduled at the top
DRONE CENTRAL: Taiwan aims to become Asia’s democratic hub for drones, with most exports focused on high-quality military-grade models, an official said Taiwan’s drone industry is expected to expand significantly by 2030, producing 100,000 units per month and exporting half of them, the Ministry of Economic Affairs said yesterday. Current drone production capacity is about 15,000 units per month, but the industry can quickly scale up as demand increases, Industrial Development Administration Director-General Chiou Chyou-huey (邱求慧) told a news conference in Taipei. Taiwan’s drone output grew 2.5-fold last year to NT$12.9 billion (US$408.3 million) under a government program to develop the uncrewed vehicle sector, he said. The Executive Yuan in October last year approved plans to invest NT$44.2 billion into domestic production of uncrewed aerial
VERBOSE VESSELS: A CGA cutter and a China Coast Guard exchanged verbal barbs for more than a day in Taiwanese-controlled waters before the Chinese vessel left The Taiwanese and Chinese coast guards had a standoff near the strategically located Pratas Islands (Dongsha Islands, 東沙群島) in the north of the South China Sea, the Coast Guard Administration (CGA) said yesterday. The two sides engaged in intense radio exchanges over sovereignty claims during the 33-hour standoff. China Coast Guard vessel 3501 eventually left the restricted waters, 26.6 nautical miles (49.2km) west of the Pratas Islands, at 5pm yesterday, the CGA said. Lying approximately between southern Taiwan and Hong Kong, the Taiwan-controlled Pratas are seen by some security experts as vulnerable to Chinese attack due to their distance — more than
WARNING: China should stop engaging in actions that undermine regional peace and stability, as it would only build resentment among people across the Strait, the CGA said China has deployed more than 100 navy, coast guard and other vessels in waters from the Yellow Sea to the South China Sea and the western Pacific since US President Donald Trump and Chinese President Xi Jinping (習近平) met in Beijing, National Security Council Secretary-General Joseph Wu (吳釗燮) said yesterday. “In this part of the world, #China is the one & only PROBLEM wrecking the #StatusQuo & threatening regional peace & stability,” Wu wrote on X. In a separate post, he said Beijing was coercing Taiwan’s maritime domain, calling it illegal and provocative, after the Coast Guard Administration (CGA) expelled a