President Chen Shui-bian (
Chen asked that Su "take good care" of the problem and mete out punishment if necessary.
He also asked Yu to discuss the possibility of revamping exiting laws within the DPP caucus to make it mandatory to publish information on financial institutions with extravagant bad loans.
"I am totally baffled by the regulation. Why cannot the identity of the individuals who maliciously pilage financial institutions be made public? Why must it be the government and the public who are left to deal with the problems, while those who are responsible get away with it?" he asked.
Chen made the remarks during a press conference held in Managua, Nicaragua. He was visiting the nation's ally in Central America to attend the inauguration of Nicaraguan president-elect Daniel Ortega yesterday.
Yu is part of Chen's delegation in Nicaragua.
Two subsidiaries of the Rebar Asia Pacific Group (
The bank was taken over by the government through the Central Deposit Insurance Corp last Friday, causing a public uproar over alleged misuse of taxpayer's money.
Rebar Group chairman Wang You-theng (
Chen then commented on the fairness and utility of using taxpayer money to deal with the situation.
"The government must listen to the grievances of the people and bow humbly before them," he said.
On a separate issue, replying to a question about the constitutionality of prosecutors questioning the president, Chen said that it was open for debate and that the problem lies with the system rather than the person.
Chen caused a stir by relinquishing his presidential prerogative and accepting to be questioned by prosecutors investigating the alleged misuse of his "state affairs fund."
The DPP caucus has requested that the Council of Grand Justices determine whether prosecutors violated Article 52 of the Constitution, which grants immunity to the president except in case of sedition or treason.
While the Taipei District Court again requested that the Presidential Office present by today documents relating to the fund -- part of which Chen claims to have used for matters of secret diplomacy -- Chen said he would let the Presidential Office deal with the matter.
The office has refused to comply with the court's first request last month.
WANG RELEASED: A police investigation showed that an organized crime group allegedly taught their clients how to pretend to be sick during medical exams Actor Darren Wang (王大陸) and 11 others were released on bail yesterday, after being questioned for allegedly dodging compulsory military service or forging documents to help others avoid serving. Wang, 33, was catapulted into stardom for his role in the coming-of-age film Our Times (我的少女時代). Lately, he has been focusing on developing his entertainment career in China. The New Taipei District Prosecutors’ Office last month began investigating an organized crime group that is allegedly helping men dodge compulsory military service using falsified documents. Police in New Taipei City Yonghe Precinct at the end of last month arrested the main suspect,
Eleven people, including actor Darren Wang (王大陸), were taken into custody today for questioning regarding the evasion of compulsory military service and document forgery, the New Taipei District Prosecutors’ Office said. Eight of the people, including Wang, are suspected of evading military service, while three are suspected of forging medical documents to assist them, the report said. They are all being questioned by police and would later be transferred to the prosecutors’ office for further investigation. Three men surnamed Lee (李), Chang (張) and Lin (林) are suspected of improperly assisting conscripts in changing their military classification from “stand-by
LITTORAL REGIMENTS: The US Marine Corps is transitioning to an ‘island hopping’ strategy to counterattack Beijing’s area denial strategy The US Marine Corps (USMC) has introduced new anti-drone systems to bolster air defense in the Pacific island chain amid growing Chinese military influence in the region, The Telegraph reported on Sunday. The new Marine Air Defense Integrated System (MADIS) Mk 1 is being developed to counter “the growing menace of unmanned aerial systems,” it cited the Marine Corps as saying. China has constructed a powerful defense mechanism in the Pacific Ocean west of the first island chain by deploying weapons such as rockets, submarines and anti-ship missiles — which is part of its anti-access/area denial (A2/AD) strategy against adversaries — the
Former Taiwan People’s Party chairman Ko Wen-je (柯文哲) may apply to visit home following the death of his father this morning, the Taipei Detention Center said. Ko’s father, Ko Cheng-fa (柯承發), passed away at 8:40am today at the Hsinchu branch of National Taiwan University Hospital. He was 94 years old. The center said Ko Wen-je was welcome to apply, but declined to say whether it had already received an application. The center also provides psychological counseling to people in detention as needed, it added, also declining to comment on Ko Wen-je’s mental state. Ko Wen-je is being held in detention as he awaits trial
RSS