Taipei KTV chain offers NT$2 million to family of each victim, apologizes again for fatal accident

Taiwan News
Date: 2020/05/07
By: Ching-Tse Cheng, Taiwan News, Staff Writer

TAIPEI (Taiwan News) — In an attempt to take responsibility for the April 26 fire that took five lives at a Taipei KTV parlor, the Taiwanese karaoke chain Cashbox Partyworld has agreed to pay NT$2 million (US$66,791) in compensation to the victims' families, three of which have turned down the offer.

During a press interview Thursday (May 7), Cashbox Chief Executive Officer Lien Fu-tsai (連福財) said the company has offered compensation to the five families of the fire victims as previously promised. However, he said three families have refused payment for fear the compensation might affect the amount in fire insurance claims they should receive later.

Lien stressed that it would take a while for the insurance claims to be processed and that hopefully the compensation would ease some financial burden in the meantime. He emphasized that Cashbox would in no way attempt to outrun its responsibility, so the families should not worry.

While apologizing for the deadly fire once again, Lien pointed out that Cashbox has paid each individual who was injured during the incident NT$100,000 (US$3338) in compensation and will also provide additional payments in the coming weeks.