By: Matthew Strong, Taiwan News, Staff Writer
TAIPEI (Taiwan News) – Kuomintang Chairwoman Hung Hsiu-chu made a loss of NT$420,000 (US$12,900) during her aborted presidential election campaign last year, according to figures released by the Control Yuan Friday.
She originally passed all the tests to become the KMT candidate in this year’s January 16 presidential election, including primaries, but her poor performance in most opinion polls was one of the reasons named for the party to replace her with its then-chairman, New Taipei City Mayor Eric Liluan Chu, at a congress late last year. He nevertheless went on to suffer a devastating defeat against the opposition leader, Democratic Progressive Party Chairwoman Tsai Ing-wen.
Chu resigned from the KMT leadership after the debacle and party members elected Hung to succeed him. [FULL STORY]