Ko Wen-je (柯文哲) yesterday resigned as chairman of the Taiwan People’s Party (TPP) after appointing Legislator Huang Kuo-chang (黃國昌) as acting chairman.
Ko made the announcement at an emergency meeting of the TPP Central Standing Committee days after the Taipei District Court released him from pretrial detention on bail of NT$70 million (US$2.14 million).
Ko is embroiled in a legal battle over corruption allegations from his time as Taipei mayor in connection to the Core Pacific City Co (京華城購物中心) redevelopment project. If convicted, he would face up to 28 years and six months in prison.
Photo courtesy of the Taiwan People’s Party
TPP Taichung chapter head Chiang Ho-shu (江和樹) told reporters that Ko quit as party chairman, but would remain a volunteer and a member for life.
“The spirit of Ko will forever stay in the party,” Chiang said.
The committee members accepted the former leader’s resignation in tears, Chiang said, adding that Ko was similarly choked with emotion in rejecting a motion to make him an honorary chairman.
The party would not benefit from engaging in empty gestures, he quoted Ko as saying.
The committee confirmed Huang’s nomination in a unanimous decision of 14 to zero, with the nominee himself being the only member to abstain, Chiang said, adding that he was the first to raise a hand to back Huang.
Chiang urged TPP supporters to understand that Ko was “forced” into the decision, which he made out of love for the party.
“If the party should fall, so would Ko,” he said.
The TPP expects an uphill battle in the local elections next year, as Ko’s departure from leadership might trigger a loss of support, Chiang said, adding that the party would do its best to persuade voters.
“I am confident that Ko would come back by the front door, so every party member who believes in Ko’s innocence should support the committee’s decision,” he said.
Later yesterday evening, the Taiwan High Court again vacated the ruling allowing Ko to post bail, sending the matter back to the Taipei District Court.
The Taipei District Court is expected to hold a third-time bail hearing today to decide whether Ko would be returned to pretrial detention.
The Central Election Commission has amended election and recall regulations to require elected office candidates to provide proof that they have no Chinese citizenship, a Cabinet report said. The commission on Oct. 29 last year revised the Measures for the Permission of Family-based Residence, Long-term Residence and Settlement of People from the Mainland Area in the Taiwan Area (大陸地區人民在台灣地區依親居留長期居留或定居許可辦法), the Executive Yuan said in a report it submitted to the legislature for review. The revision requires Chinese citizens applying for permanent residency to submit notarial documents showing that they have lost their Chinese household record and have renounced — or have never
A magnitude 5.6 earthquake struck off the coast of Yilan County at 12:37pm today, with clear shaking felt across much of northern Taiwan. There were no immediate reports of damage. The epicenter of the quake was 16.9km east-southeast of Yilan County Hall offshore at a depth of 66.8km, Central Weather Administration (CWA) data showed. The maximum intensity registered at a 4 in Yilan County’s Nanao Township (南澳) on Taiwan’s seven-tier scale. Other parts of Yilan, as well as certain areas of Hualien County, Taipei, New Taipei City, Taoyuan, Hsinchu County, Taichung and Miaoli County, recorded intensities of 3. Residents of Yilan County and Taipei received
Taiwan has secured another breakthrough in fruit exports, with jujubes, dragon fruit and lychees approved for shipment to the EU, the Ministry of Agriculture said yesterday. The Animal and Plant Health Inspection Agency on Thursday received formal notification of the approval from the EU, the ministry said, adding that the decision was expected to expand Taiwanese fruit producers’ access to high-end European markets. Taiwan exported 126 tonnes of lychees last year, valued at US$1.48 million, with Japan accounting for 102 tonnes. Other export destinations included New Zealand, Hong Kong, the US and Australia, ministry data showed. Jujube exports totaled 103 tonnes, valued at
BIG SPENDERS: Foreign investors bought the most Taiwan equities since 2005, signaling confidence that an AI boom would continue to benefit chipmakers Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) market capitalization swelled to US$2 trillion for the first time following a 4.25 percent rally in its American depositary receipts (ADR) overnight, putting the world’s biggest contract chipmaker sixth on the list of the world’s biggest companies by market capitalization, just behind Amazon.com Inc. The site CompaniesMarketcap.com ranked TSMC ahead of Saudi Aramco and Meta Platforms Inc. The Taiwanese company’s ADRs on Tuesday surged to US$385.75 on the New York Stock Exchange, as strong demand for artificial intelligence (AI) applications led to chip supply constraints and boost revenue growth to record-breaking levels. Each TSMC ADR represents