NOT THAT RICH?A rumor that the KMT has more than NT$100 billion in assets is false, an official said, adding that the most the party ever had was NT$91.8 billion
Taipei Times
Date: Mar 11, 2016
By: Alison Hsiao / Staff reporter
The Chinese Nationalist Party (KMT) caucus issued a public statement
An open statement issued by the Chinese Nationalist Party (KMT) addressing the party asset bill being considered by the legislature is pictured yesterday. Photo: Chen Yu-hsuan, Taipei Times
yesterday saying that it would participate in the review of the bill on party assets in the legislature “with a selfless, open and people-first attitude” and called on the party headquarters to return the assets to public interest groups or the government after deducting current and retired party workers’ pensions.
The statement said that the amassing of party assets “has its historical background,” as “the Republic of China [ROC] was established with the leadership of the KMT and the party army was the national army.”
“The ROC had gone through a long period of being a party-state,” it said.
During the Democratic Progressive Party’s (DPP) administration from 2000 to 2008, the KMT’s assets were thoroughly investigated by the executive department, while then-Control Yuan member Huang Huang-hsiung (黃煌雄) of the DPP had also conducted a detailed investigation, the statement said.
“The handling of the so-called ill-gotten party assets therefore had already been done; the KMT has also withdrawn all the appeals in the lawsuits pertaining to the assets to show its sincerity in handling party assets,” the statement said. [FULL STORY]
