Seven years after an international warrant was issued against former Liberian president Charles Taylor, investigators have yet to find any money in his name, though his hidden wealth is estimated at between US$280 million and US$3 billion, the New York Times (NYT) said.
This wealth, which Taylor denies having access to, is believed to have come from Liberia’s timber and diamond trade, its international merchant shipping registry, tax coffers and the government of Taiwan, the NYT said on Sunday.
From 2000 though 2003, when Taylor's official presidential salary was US$24,000, records show that more than US$24 million was moved into and out of his account at the Liberian Bank for Development and Investment in Monrovia. Investigators say the money came from foreign banks, with Citibank in New York acting as the clearinghouse and processing the transfers, the NYT wrote.
All but US$4 million of that US$20 million came from the government of Taiwan in eight separate payments, as Taipei was engaging in checkbook diplomacy to maintain diplomatic recognition amid fierce competition from Beijing.
Beijing first broke off relations with Liberia in 1989 after Monrovia recognized Taiwan. China re-established ties with Liberia on Aug. 10, 1993, and until October 2003, Liberia was one of the few countries to have official diplomatic ties with both Taipei and Beijing. After Taylor was ousted and forced into exile in late 2003, one of the first acts of the new Liberian government was to cut diplomatic ties with Taipei.
Taylor was indicted by the Special Court for Sierra Leone in The Hague on June 4, 2003, on 11 counts of war crimes, crimes against humanity and other serious violations of international humanitarian law. His trial began on Jan. 6, 2008. In court, Taylor said the funds earmarked for various projects sponsored by Taiwan covered military salaries, Balkan arms deals and “the airlift of wounded bombing victims,” the NYT wrote.
The Ministry of Foreign Affairs said the money was intended for AIDS medicine, a children's center, as well as vocational training and charity contributions.
Michel Lu (呂慶龍), ministry spokesman during former president Chen Shui-bian's (陳水扁) administration and now Taiwan's envoy to France, said in an interview that Taipei “deeply regretted” the “humiliating” turn of events, adding that because of Taiwan's isolation, it had been under great pressure from Taylor, who “threatened to cut off relations,” the NYT reported.
“Frankly speaking, nobody can tell you where it [the money] went,” Lu said.
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