Government Information Office (GIO) Minister Pasuya Yao (
"We learned of this from the 2005 annual budget report by Hong Kong's TVBS board," he said.
Yao said the report stated that Hong Kong Bermuda TVB Investment Co Ltd, one of TVBS' subsidiaries, has increased its share of TVBS from 70 percent to 100 percent by purchasing more shares from Taiwan's Countless Entertainment (Taiwan) Co Ltd, and that the deal was completed on March 21.
TVBS is registered under the name of Liann Yee Production Co, of which Countless Entertainment Co is the major shareholder.
"I think this clearly shows that the TV station is a now completely foreign-owned company. If that is the case, the GIO is authorized to suspend all operation licenses for its four channels," he said.
Yao said the GIO would request TVBS to explain its circumstances tomorrow. He also posed four questions to the cable station yesterday.
He said the first question Countless Entertainment Co, and how a company with capital of only NT$1 million (US$29,800), could possess TVBS shares worth around NT$500 million.
Yao asked why the Countless Entertainment Co is located in the same building as the TV station, and speculated that the firm was a front.
He then asked how it was possible for Countless' president and Bermuda's president to swap, before finally wondering if TVBS' annual budget report was dependable.
Speaking on the sidelines of a campaign event yesterday, Premier Frank Hsieh (
On Friday, the GIO issued a NT$200,000 fine to TVBS for failing to report a change in its stock ownership when it applied for a renewal of its license earlier this year. The fine was issued after a TVBS talkshow alleged that a number of top government officials were corrupt, including former Presidential Office deputy secretary-general Chen Che-nan (陳哲男).
Yao denied there was any connection between the allegations and the probe into TVBS.
TVBS chairman Norman Leung's (梁乃鵬) background as former chairman of the Hong Kong Broadcasting Authority became the focus of Democratic Progressive Party (DPP) lawmakers, who complained that the cable station was actually a Chinese-sponsored station and was being taken advantage of by Beijing to create unrest in Taiwan.
TVBS spokeswoman Yeh Yu-chun (
"By law, foreign shares cannot exceed 50 percent of the company. That is what we are at now," she said.
Yeh said TVBS is now co-owned by the Taiwan-based Oriental (53 percent) and British Bermuda (47 percent).
Asked whether TVBS regarded the GIO's action as akin to "white terror" and a retaliation against its talkshow's allegations of official graft, Yeh said this was something that TVBS management would avoid thinking about.
"We still want to believe that truth and justice still exist," she said.
Meanwhile, Chinese Nationalist Party (KMT) Chairman Ma Ying-jeou (馬英九) said yesterday that if the government moved to kill off a cable TV station for exposing scandals involving the government, then the public would react in protest.
Ma said the funding issue was a legal problem and that the government should not "manipulate the law to satisfy its political desires."
The People First Party blasted the GIO for what it said was an attempt to shift public attention away from the Kaohsiung MRT corruption scandal.
Tropical Storm Gaemi strengthened into a typhoon at 2pm yesterday, and could make landfall in Yilan County tomorrow, the Central Weather Administration (CWA) said yesterday. The agency was scheduled to issue a sea warning at 11:30pm yesterday, and could issue a land warning later today. Gaemi was moving north-northwest at 4kph, carrying maximum sustained winds near its center of up to 118.8kph and gusts of 154.8kph. The circumference is forecast to reach eastern Taiwan tomorrow morning, with the center making landfall in Yilan County later that night before departing from the north coast, CWA weather forecaster Kuan Shin-ping (官欣平) said yesterday. Uncertainty remains and
SEA WARNING LIKELY: The storm, named Gaemi, could become a moderate typhoon on Wednesday or Thursday, with the Taipei City Government preparing for flooding A tropical depression east of the Philippines developed into a tropical storm named Gaemi at 2pm yesterday, and was moving toward eastern Taiwan, the Central Weather Administration (CWA) said. Gaemi could begin to affect Taiwan proper on Tuesday, lasting until Friday, and could develop into a moderate typhoon on Wednesday or Thursday, it said. A sea warning for Gaemi could be issued as early as Tuesday morning, it added. Gaemi, the third tropical storm in the Pacific Ocean this typhoon season, is projected to begin moving northwest today, and be closest to Taiwan on Wednesday or Thursday, the agency said. Today, there would likely
DISRUPTIONS: The high-speed rail is to operate as normal, while several airlines either canceled flights or announced early departures or late arrivals Schools and offices in 15 cities and counties are to be closed today due to Typhoon Gaemi, local governments announced last night. The 15 are: Taipei, New Taipei City, Taoyuan, Tainan, Keelung, Hsinchu and Kaohsiung, as well as Yilan, Hualien, Hsinchu, Miaoli, Chiayi, Pingtung, Penghu and Lienchiang counties. People should brace for torrential rainfall brought by the storm, with its center forecast to make landfall on the east coast between tonight and tomorrow morning, the Central Weather Administration (CWA) said. The agency issued a sea warning for the typhoon at 11:30pm on Monday, followed by a land warning at 11:30am yesterday. As of
CASUALTY: A 70-year-old woman was killed by a falling tree in Kaohsiung as the premier warned all government agencies to remain on high alert for the next 24 hours Schools and offices nationwide are to be closed for a second day today as Typhoon Gaemi crosses over the nation, bringing torrential rain and whipping winds. Gaemi was forecast to make landfall late last night. From Tuesday night, its outer band brought substantial rainfall and strong winds to the nation. As of 6:15pm last night, the typhoon’s center was 20km southeast of Hualien County, Central Weather Administration (CWA) data showed. It was moving at 19kph and had a radius of 250km. As of 3pm yesterday, one woman had died, while 58 people were injured, the Central Emergency Operation Center said. The 70-year-old