Institute’s land sale to be investigated

PROPERTY RIGHTS:The son of the original landowner said the KMT acquired the plot of land in Taipei at no cost after his father refused to accept a court-enforced sale

Taipei Times
Date: Mar 14, 2017
By: Chen Wei-han / Staff reporter

The Ill-gotten Party Assets Settlement Committee is to reopen an investigation into the

Ill-gotten Party Assets Settlement Committee spokeswoman Shih Chin-fang responds to questions from reporters in Taipei on Feb. 23. Photo: CNA

Chinese Nationalist Party’s (KMT) acquisition of the land housing the party’s National Development and Research Institute to determine if it involved any impropriety.

The committee is to hold a hearing in May and if the acquisition was found to have involved an abuse of government power, the KMT would have to return the illicit gains, committee spokeswoman Shih Chin-fang (施錦芳) said yesterday.

The institute sits on an 8,300 ping (2.74 hectare) plot of land in Taipei’s Muzha District (木柵), which the KMT acquired in 1964 during its one-party rule.

Yeh Sung-jen (葉頌仁), son of the original landowner, filed a complaint with the committee in October last year, accusing the KMT of illegally seizing the property.

Yeh accused the KMT of attempting to force his father to sell the land to it for NT$191,100 (US$6,178 at the current exchange rate), or about NT$5 per ping, well below the market value at the time, which was NT$200 per ping.

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.