As Next magazine revealed fresh allegations about Chinese Nationalist Party (KMT) Chairman Lien Chan's (連戰) family wealth, Lien Hui-hsin (連惠心), Lien's eldest daughter, yesterday read an open letter to President Chen Shui-bian (陳水扁) asking that he stop "smearing" her father.
"I hope the finger-pointing and negative campaign tactics stop right here and all candidates return to rational debates on positive policies and platforms," Lien Hui-hsin told a press conference at the campaign office of Lien and People First Party (PFP) Chairman James Soong (宋楚瑜).
Lien Hui-hsin had originally planned to personally deliver the letter to the Democratic Progressive Party (DPP) headquarters but changed her mind.
She attributed her change of heart to an announcement by Academia Sinica President Lee Yuan-tseh (
Worried by the candidates' squabbling, the three requested that candidates put aside political differences and focus on safeguarding national interests.
The open letter came after the latest issue of Next magazine, which hit newsstands on Wednesday evening, reported that Lien Chan and his wife, Lien Fang Yu (連方瑀), had established two figurehead companies overseas to sell two houses located in San Francisco to their children to evade paying taxes.
The report said that Lien Fang Yu failed to report to the Control Yuan about the family's financial situation. The report said she is still the president of a company registered in the Cayman Islands.
The report also alleged that Lien Fang Yu sold a US$2.6 million mansion in San Francisco to the company in August 1993, one day before the Public Functionary Assets Disclosure Law (
Lien Chan also used the same tactic to transfer another house to one of his two sons, Lien Sheng-wen (
PFP Legislator Pang Chien-kuo (
"The family's lawyer completed the written complaint yesterday and is ready to file a lawsuit if the magazine ignores the family's call," Pang said.
Pang admitted that the family used the figurehead companies to transfer family assets to their children, but the one sold to Lien Sheng-wen was later sold to someone else in 2000, while Lien Hui-hsin still owns the other house.
"It's not necessary to include her house in the family's financial possession because Lien Hui-hsin was over 20 years old when she bought the house," Pang said. "Besides, the entire process of the transaction was legal and it was untrue that the property transfer was aimed at shunning public scrutiny before the law took effect," he said.
Pang said Lien Chan and his wife do not handle family finances because Lien Chan's mother, Chao Lan-kun (趙蘭坤), handled such matters before she fell ill.
Also see story:
CREDIT-GRABBER: China said its coast guard rescued the crew of a fishing vessel that caught fire, who were actually rescued by a nearby Taiwanese boat and the CGA Maritime search and rescue operations do not have borders, and China should not use a shipwreck to infringe upon Taiwanese sovereignty, the Coast Guard Administration (CGA) said yesterday. The coast guard made the statement in response to the China Coast Guard (CCG) saying it saved a Taiwanese fishing boat. The Chuan Yu No. 6 (全漁6號), a fishing vessel registered in Keelung, on Thursday caught fire and sank in waters northeast of Diaoyutai Islands (釣魚台). The vessel left Keelung’s Badouzih Fishing Harbor (八斗子漁港) at 3:35pm on Sunday last week, with seven people on board — a 62-year-old Taiwanese captain surnamed Chang (張) and six
RISKY BUSINESS: The ‘incentives’ include initiatives that get suspended for no reason, creating uncertainty and resulting in considerable losses for Taiwanese, the MAC said China’s “incentives” failed to sway sentiment in Taiwan, as willingness to work in China hit a record low of 1.6 percent, a Ministry of Labor survey showed. The Directorate-General of Budget, Accounting and Statistics (DGBAS) also reported that the number of Taiwanese workers in China has nearly halved from a peak of 430,000 in 2012 to an estimated 231,000 in 2024. That marked a new low in the proportion of Taiwanese going abroad to work. The ministry’s annual survey on “Labor Life and Employment Status” includes questions respondents’ willingness to seek employment overseas. Willingness to work in China has steadily declined from
The Legislative Yuan’s Finance Committee yesterday approved proposed amendments to the Amusement Tax Act (娛樂稅法) that would abolish taxes on films, cultural activities and competitive sporting events, retaining the fee only for dance halls and golf courses. The proposed changes would set the maximum tax rate for dance halls and golf courses at 50 and 20 percent respectively, with local governments authorized to suspend the levies. Article 2 of the act says that “amusement tax shall be levied on tickets sold or fees charged by amusement places, facilities or activities” in six categories: “Cinema; professional singing, story-telling, dancing, circus, magic show, acrobatics
INFLATION UP? The IMF said CPI would increase to 1.5 percent this year, while the DGBAS projected it would rise to 1.68 percent, with GDP per capita of US$44,181 The IMF projected Taiwan’s real GDP would grow 5.2 percent this year, up from its 2.1 percent outlook in January, despite fears of global economic disruptions sparked by the US-Iran conflict. Taiwan’s consumer price index (CPI) is projected to increase to 1.5 percent, while unemployment would be 3.4 percent, roughly in line with estimates for Asia as a whole, the international body wrote in its Global Economic Outlook Report published in the US on Monday. The figures are comparatively better than the IMF outlook for the rest of the world, which pegged real GDP growth at 3.1 percent, down from 3.3 percent