One of the main reasons the Chinese Nationalist Party (KMT) lost power in the 2000 election was corruption and “black gold” politics.
This “black gold” basically consisted of questionable relations between the KMT and businesses. This year, questionable relations between politics and business led to the jailing of former president Chen Shui-bian (陳水扁).
However, the investigation into Chen’s alleged money laundering by the Special Investigation Panel (SIP) has revealed another questionable type of relationship between the government and business world that has made the public lose trust in the judicial system.
The SIP summoned former Chinatrust Financial Holding Co vice chairman Jeffrey Koo Jr (辜仲諒) back to Taiwan from Japan. Prosecutors first went to Japan, where Koo has been on the run for two years, to meet him in secret. Koo then decided to return home to face questioning. Media reports said Koo’s confession was in line with what the SIP was looking for.
Despite being a fugitive for two years, Koo surprisingly was not detained, had no restrictions placed on where he could live or on traveling outside the country. This clearly shows that Koo and the SIP made a deal before he returned home.
It is hard to know exactly what agreements were reached but the SIP obviously made huge sacrifices in terms of judicial fairness.
What we can be certain of is that more examples of injustice and secret dealings will become apparent in the handling and prosecution of Chen and Koo.
So far the SIP has taken over all six criminal cases involving Koo, giving it complete control of the investigations and a lot of bargaining chips when dealing with the Koo family.
But since the SIP conducted a secret meeting with a wanted criminal in Japan, it may find itself in a dilemma during future investigations and prosecutions. It will also be hard for it to regain the public’s trust.
The SIP not only sent a prosecutor to meet a wanted criminal and make an under-the-table deal for his return, it also asked for a NT$100 million (US$3 million) bail deal from the court to cover up the agreement.
This highlights the exchange of interests and a special relationship between the government and the business world, even though this time around the prosecutors are doing the Koo family a favor.
When Koo returned to Taiwan, his father, Chinatrust Financial Holding Co chairman Jeffrey Koo (辜濂松), just happened to be in Peru accompanying former vice president Lien Chan (連戰) at the APEC summit.
This clearly shows the relationship the government and the business world have formed since President Ma Ying-jeou’s (馬英九) government came to power.
Lin Chien-cheng is a professor in the Department of Materials Science and Engineering at National Chiao Tung University.
TRANSLATED BY DREW CAMERON AND EDDY CHANG
On March 22, 2023, at the close of their meeting in Moscow, media microphones were allowed to record Chinese Communist Party (CCP) dictator Xi Jinping (習近平) telling Russia’s dictator Vladimir Putin, “Right now there are changes — the likes of which we haven’t seen for 100 years — and we are the ones driving these changes together.” Widely read as Xi’s oath to create a China-Russia-dominated world order, it can be considered a high point for the China-Russia-Iran-North Korea (CRINK) informal alliance, which also included the dictatorships of Venezuela and Cuba. China enables and assists Russia’s war against Ukraine and North Korea’s
After thousands of Taiwanese fans poured into the Tokyo Dome to cheer for Taiwan’s national team in the World Baseball Classic’s (WBC) Pool C games, an image of food and drink waste left at the stadium said to have been left by Taiwanese fans began spreading on social media. The image sparked wide debate, only later to be revealed as an artificially generated image. The image caption claimed that “Taiwanese left trash everywhere after watching the game in Tokyo Dome,” and said that one of the “three bad habits” of Taiwanese is littering. However, a reporter from a Japanese media outlet
Taiwanese pragmatism has long been praised when it comes to addressing Chinese attempts to erase Taiwan from the international stage. “Taipei” and the even more inaccurate and degrading “Chinese Taipei,” imposed titles required to participate in international events, are loathed by Taiwanese. That is why there was huge applause in Taiwan when Japanese public broadcaster NHK referred to the Taiwanese Olympic team as “Taiwan,” instead of “Chinese Taipei” during the opening ceremony of the Tokyo Olympics. What is standard protocol for most nations — calling a national team by the name their country is commonly known by — is impossible for
The Iran war has exposed a fundamental vulnerability in the global energy system. The escalating confrontation between Iran, Israel and the US has begun to shake international energy markets, largely because Iran is disrupting shipping through the Strait of Hormuz. This narrow waterway carries roughly one-third of the world’s seaborne oil, making it one of the most strategically sensitive energy corridors in the world. Even the possibility of disruption has triggered sharp volatility in global oil prices. The duration and scope of the conflict remain uncertain, with senior US officials offering contradictory signals about how long military operations might continue.