Prosecutors yesterday searched KMT Legislator Ho Chih-hui's (
The prosecutors searched 10 locations, including Ho's constituency office in Miaoli and the house of Shihtan Township chief Ku Yuan-yu (古源毓), who was a partner in the development project. Ho's other offices in Taipei were also raided.
PHOTO: CHANG HSUN-TENG, TAIPEI TIMES
Prosecutors discovered the case while investigating another corruption case involving the acquisition of a tract of land in the Hsinchu Science-Based Industrial Park, the report said.
Prosecutors suspect that Ho was involved in an illegal NT$1.1 billion bank loan taken without adequate collateral during the Chiuchun development project in Miaoli City. Prosecutors suspect Ho gained more than NT$200 million for brokering the loan deal.
Police have also summoned Ku's father, Ku Shih-jung (
Ku Yuan-yu's family members claimed that his father merely served as a front man in the development project and his investment in it was minimal.
Ku Yuan-yu said that Ho bought a tract of land under his father's name more than a decade ago. The land later became the site of the Chiuchun project.
Ku Yuan-yu told reporters yesterday that his father merely "lent" his status as a farmer to Ho so that Ho could buy the land.
Prosecutors have also summoned officials from the Miaoli County Government.
Ho has not yet been summoned for questioning.
As a legislator, Ho is protected by the constitutional immunity that shields him from prosecution while the Legislative Yuan is in session.
Ho is also being investigated for suspected influence-peddling in the acquisition of a tract of land in the Hsinchu industrial park. Prosecutors said that Ho pressured officials at the National Science Council, saying he could change the status of a desired tract of land from "mountain slope" to "industrial land."
The council paid NT$8.8 million per hectare for the acquisition, the report said.
The Ministry of Economic Affairs has fined Taobao NT$1.2 million (US$36,900) for advertisements that exceeded its approved business scope and ordered the Chinese e-commerce platform to make corrections in the first half of this year or its license would be revoked. Lawmakers have called for stricter supervision of Chinese e-commerce platforms and more stringent measures to prevent China from laundering its goods through Taiwan as US President Donald Trump’s administration cracks down on origin laundering. The legislature’s Finance Committee yesterday met to discuss policies to prevent China from dumping goods in Taiwan, inviting government agencies to report on the matter. Democratic Progressive Party
Taiwan and its Pacific ally Tuvalu on Tuesday signed two accords aimed at facilitating bilateral cooperation on labor affairs, according to Taiwan’s Ministry of Foreign Affairs (MOFA). The governments inked two agreements in Taipei, witnessed by Foreign Minister Lin Chia-lung (林佳龍) and visiting Deputy Tuvaluan Prime Minister Panapasi Nelesone, MOFA said in a news release. According to MOFA, the agreements will facilitate cooperation on labor issues and allow the two sides to mutually recognize seafarers’ certificates and related training. Taiwan would also continue to collaborate with Tuvalu across various fields to promote economic prosperity as well as the well-being of their
Taiwan would welcome the return of Honduras as a diplomatic ally if its next president decides to make such a move, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said yesterday. “Of course, we would welcome Honduras if they want to restore diplomatic ties with Taiwan after their elections,” Lin said at a meeting of the legislature’s Foreign Affairs and National Defense Committee, when asked to comment on statements made by two of the three Honduran presidential candidates during the presidential campaign in the Central American country. Taiwan is paying close attention to the region as a whole in the wake of a
NEW WORLD: Taiwan is pursuing innovative approaches to international relations through economics, trade and values-based diplomacy, the foreign minister said Taiwan would implement a “three-chain strategy” that promotes democratic values in response to US tariffs, Minister of Foreign Affairs Lin Chia-lung (林佳龍) said. Taiwan would aim to create a “global democratic value chain,” seek to capitalize on its position within the first island chain and promote a “non-red supply chain,” Lin was quoted as saying in the ministry’s written report to the Legislative Yuan submitted ahead of the legislature’s Foreign Affairs and National Defense Committee meeting slated for today. The Ministry would also uphold a spirit of mutual beneficial collaboration, maintaining close communication and consultations with Washington to show that Taiwan-US cooperation