The China Post
Date: December 20, 2016
By: Yuan-Ming Chiao
The Ill-Gotten Party Assets Settlement Committee (IGPASC) has confirmed it held
But the closed-door negotiations failed to reach a conclusion over ongoing legal conflicts or to determine the fate of the party’s assets following a committee order to seize the KMT-linked Central Investment Corp. (CIC) and Hsinyutai Co, according to local media.
An eight-point administrative contract proposed as a means to overcome legal fights over the freezing of KMT assets and government moves to nationalize the two firms, was rejected by the KMT. [FULL STORY]