TV variety show host Jacky Wu (吳宗憲) yesterday said he would sue a local newspaper for publishing a report claiming he had debts of more than NT$600 million (US$20 million) and most of his properties had been seized by a district court.
The Chinese-language Apple Daily reported yesterday that one of Wu’s creditors, Chin Hsiang-yu (秦庠鈺), recently applied to the Taipei District Court for the seizure of Wu’s properties to repay outstanding debts and the court decided that three of Wu’s properties and bank accounts should be seized.
Apple Daily added that the court action revealed Wu had only NT$1.5 million in cash at his disposal and that had been seized.
It said that because Wu’s Alpha Photonitek Corp (APC) had encountered financial difficulties, Wu had accrued more than NT$600 million in debt, which forced him to sell several luxury homes and cars.
Wu also said he was unable to pay his employees’ salaries, the newspaper reported.
However, Wu said his financial situation was still good and -dismissed the Apple Daily report as nonsense, adding that he would sue its reporters.
Wu was indicted in March by Taipei prosecutors on embezzlement charges. Prosecutors said Wu collaborated with Lienming Mobile Technology chairman Hsu Fang-yang (許豐揚) to skim funds from a deal between the two firms.
Considering that most countries issue more than five denominations of banknotes, the central bank has decided to redesign all five denominations, the bank said as it prepares for the first major overhaul of the banknotes in more than 24 years. Central bank Governor Yang Chin-lung (楊金龍) is expected to report to the Legislative Yuan today on the bank’s operations and the redesign’s progress. The bank in a report sent to the legislature ahead of today’s meeting said it had commissioned a survey on the public’s preferences. Survey results showed that NT$100 and NT$1,000 banknotes are the most commonly used, while NT$200 and NT$2,000
The Centers for Disease Control (CDC) yesterday reported the first case of a new COVID-19 subvariant — BA.3.2 — in a 10-year-old Singaporean girl who had a fever upon arrival in Taiwan and tested positive for the disease. The girl left Taiwan on March 20 and the case did not have a direct impact on the local community, it said. The WHO added the BA.3.2 strain to its list of Variants Under Monitoring in December last year, but this was the first imported case of the COVID-19 variant in Taiwan, CDC Deputy Director-General Lin Ming-cheng (林明誠) said. The girl arrived in Taiwan on
South Korea is planning to revise its controversial electronic arrival card, a step Taiwanese officials said prompted them to hold off on planned retaliatory measures, a South Korean media report said yesterday. A Yonhap News Agency report said that the South Korean Ministry of Foreign Affairs is planning to remove the “previous departure place” and “next destination” fields from its e-arrival card system. The plan, reached after interagency consultations, is under review and aims to simplify entry procedures and align the electronic form with the paper version, a South Korean ministry official said. The fields — which appeared only on the electronic form
The Ministry of Foreign Affairs (MOFA) is suspending retaliation measures against South Korea that were set to take effect tomorrow, after Seoul said it is updating its e-arrival system, MOFA said today. The measures were to be a new round of retaliation after Taiwan on March 1 changed South Korea's designation on government-issued alien resident certificates held by South Korean nationals to "South Korea” from the "Republic of Korea," the country’s official name. The move came after months of protests to Seoul over its listing of Taiwan as "China (Taiwan)" in dropdown menus on its new online immigration entry system. MOFA last week
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