|
TAIPEI: Taiwan’s defense minister resigned on Saturday as the
government backed down on a controversial plan to invest in a new
company set up to handle its arms imports. Lee Tien-yu quit after
opposition lawmakers accused members of the ruling Democratic
Progressive Party of seeking to profit from the company, Taiwan
Goal, which is headed by DPP heavyweight Wu Nai-jen. “I deeply
regret that the establishment of Taiwan Goal caused concerns and
doubts in various sectors and I hereby tender my resignation,” he
said in a brief statement. The government also said it would cancel
plans to put up 45 percent of Taiwan Goal’s initial capital of
NT$200 million (US$6.33 million).
-- AFP
|
Full
Story>>
