Embroiled in multiple scandals, Taiwan People’s Party (TPP) Chairman Ko Wen-je (柯文哲) on Thursday announced that he would apply for a three-month leave of absence from his role as party leader, creating uncertainty about the future of the TPP and the “new politics” that he had promised to bring.
Shortly after his announcement, Ko’s home and office were searched and he was questioned by prosecutors over his suspected involvement in a corruption case related to a real-estate development project.
He was arrested early Saturday morning after he refused to be questioned at night and attempted to leave the prosecutors’ office.
In the first half of the year, Ko was listed as a suspect due to possible misuse of public power for private profit and contravening the Anti-Corruption Act (貪污治罪條例) for his involvement in the Core Pacific City (京華城) mall redevelopment and the Beitou Shilin Science Park (北投士林科技園區) projects, both passed in his second term as Taipei mayor.
Last month, pundits and Ko’s former aides noticed discrepancies in Ko’s campaign finance reporting, including irregular and opaque transactions with a few marketing firms, as well as more than NT$4 million (US$125,235) being transferred to Ko’s personal bank account.
To make matters worse, local Chinese-language media reported on Tuesday that Ko’s wife, Peggy Chen (陳佩琪), recently visited, with a view to possibly buying, a NT$120 million luxury apartment in Taipei, leading to speculation about how the family could afford it.
After it was recently reported that Ko in May paid NT$43 million in cash for an office unit, he admitted to using his presidential election subsidy to purchase the unit.
These reports contradict the TPP’s claim to being “transparent, honest and upright” and “rational, pragmatic and scientific.”
While Ko’s housing decisions were not illegal, they have seriously damaged his reputation of having integrity, and the allegations of suspected corruption in development projects might even lead to his imprisonment.
Since the TPP’s founding on Aug. 6 — Ko’s birthday — five years ago, it has been widely seen as a “one-man party” with Ko at its center.
His inordinate role in the party can be seen by how he single-handedly signed an agreement with the Chinese Nationalist Party (KMT) during the presidential election, and then arbitrarily backed out of it, expelling online influencers from the party who criticized him and receiving more votes in January’s presidential election than the TPP won votes in the legislative election.
The party says it has a “pragmatic” — or as its critics say, a “chameleon” — stance on ideology and policy, but while it has attracted young people who dislike the confrontation between the KMT and Democratic Progressive Party (DPP), the party lacks a solid political philosophy and clear direction.
The now temporarily rudderless TPP leaves many people wondering whether the new “third force” in the nation’s political scene is beginning to wither, or whether it can overcome the crisis and persevere.
Recent polls show that the party’s support has dropped. However, the crisis could be an opportunity for it to transform into a healthier organization with a clearer organizational structure, code of conduct and realistic long-term goals rather than serving as a platform for the whims of one man.
The TPP still retains its eight seats and the balance of power in the legislature (as neither the KMT nor the DPP holds a majority).
However, it remains to be seen whether the TPP would continue its strategy of only cooperating with the KMT or whether it would start working with the DPP to pass bills that would truly benefit the public and restore the TPP’s reputation.
Trying to force a partnership between Taiwan Semiconductor Manufacturing Co (TSMC) and Intel Corp would be a wildly complex ordeal. Already, the reported request from the Trump administration for TSMC to take a controlling stake in Intel’s US factories is facing valid questions about feasibility from all sides. Washington would likely not support a foreign company operating Intel’s domestic factories, Reuters reported — just look at how that is going over in the steel sector. Meanwhile, many in Taiwan are concerned about the company being forced to transfer its bleeding-edge tech capabilities and give up its strategic advantage. This is especially
US President Donald Trump’s second administration has gotten off to a fast start with a blizzard of initiatives focused on domestic commitments made during his campaign. His tariff-based approach to re-ordering global trade in a manner more favorable to the United States appears to be in its infancy, but the significant scale and scope are undeniable. That said, while China looms largest on the list of national security challenges, to date we have heard little from the administration, bar the 10 percent tariffs directed at China, on specific priorities vis-a-vis China. The Congressional hearings for President Trump’s cabinet have, so far,
US President Donald Trump last week announced plans to impose reciprocal tariffs on eight countries. As Taiwan, a key hub for semiconductor manufacturing, is among them, the policy would significantly affect the country. In response, Minister of Economic Affairs J.W. Kuo (郭智輝) dispatched two officials to the US for negotiations, and Taiwan Semiconductor Manufacturing Co’s (TSMC) board of directors convened its first-ever meeting in the US. Those developments highlight how the US’ unstable trade policies are posing a growing threat to Taiwan. Can the US truly gain an advantage in chip manufacturing by reversing trade liberalization? Is it realistic to
The US Department of State has removed the phrase “we do not support Taiwan independence” in its updated Taiwan-US relations fact sheet, which instead iterates that “we expect cross-strait differences to be resolved by peaceful means, free from coercion, in a manner acceptable to the people on both sides of the Strait.” This shows a tougher stance rejecting China’s false claims of sovereignty over Taiwan. Since switching formal diplomatic recognition from the Republic of China to the People’s Republic of China in 1979, the US government has continually indicated that it “does not support Taiwan independence.” The phrase was removed in 2022