35-tonne truck rams into Taiwan President Ma Ying-jeou’s office

January 26, 2014 Leave a comment

35-tonne truck rams into Taiwan President Ma Ying-jeou’s office

image001-9

Saturday, January 25, 2014 – 11:46

AFP

TAIPEI – Taiwan stepped up security measures Saturday after a driver rammed a huge truck through a bullet-proof screen and into the main gate of the presidential office, apparently intentionally, officials said.

A man identified only by his family name Chang drove the 35-ton truck through railings, the screen, and up a set of steps before coming stuck in the gate leading to the office’s main building, police said.

President Ma Ying-jeou was not in at the time as he is on a state visit to Sao Tome and Principe in Africa. He has been notified of the incident, his spokeswoman said.

She added that security measures had been beefed up at the Taipei site following the early morning incident and that police were investigating a cause and motive. She did not specify what the increased security measures were.

The impact from the crash knocked the driver unconscious and he was taken to a nearby hospital for treatment, police said. No one else was injured and the truck was towed from the scene.

“Chang has a criminal record and so far he has refused to answer any questions,” police spokesman Fang Yang-ning said, adding that they suspect he crashed “intentionally”.

Filed under Macro Trends

Unknown's avatarAbout bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

Leave a comment