After two years, prosecutors have reopened a probe into the sale of a formerly KMT-owned media firm

The China Post
Date: August 3, 2017
By: The China Post

TAIPEI, Taiwan — Prosecutors have reopened an investigation into the Kuomintang’s sale of the Broadcasting Corporation of China (BCC, 中國廣播公司) — one of three related high-profile cases that were closed in 2014.

The Taipei District Prosecutors Office on Thursday questioned ex-BCC Chairman Chao Shao-kang (趙少康) over his purchase of the company from Jungli Investment Co. (榮麗投資公司) in 2006.

The opposition KMT had sold the company to Jungli in 2005 after the passage of a law banning political parties, politicians and the military from owning media outlets.

Prosecutors said they were currently working to determine the sources of funds Chao used in the BCC purchase.    [FULL  STORY]

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