Focus Taiwan
Date: 2016/12/23
By: Liu Shih-yi and Y.F. Low

Taipei, Dec. 23 (CNA) The Taipei High Administrative Court on Friday rejected a petition by the opposition Kuomintang to suspend a sanction issued by the Ill-Gotten Party Assets Settlement Committee last month.

At issue is a sanction handed down by the committee on Nov. 2, which determined that Central Investment Co. and Hsinyutai Co. are organizations affiliated to the KMT.

Hsu Jui-chu (許瑞助), a spokesman for the court, said the KMT had asked for a suspension of the sanction arguing that it would damage the companies in question, but the court rejected the petition after conducting an investigation and determining that the sanction would not result in “irredeemable damage.”

The ruling can be appealed.    [FULL  STORY]