KMT threatens to cut funding to assets committee

Taipei Times
Date: Nov 09, 2016
By Chen Yu-fu / Staff reporter

Chinese Nationalist Party (KMT) lawmakers yesterday threatened to axe the the Ill-gotten Party Assets Settlement Committee’s budget at a legislative review next month amid controversy regarding KMT funds.

The committee on Monday issued two administrative injunctions to freeze a KMT bank account while ordering Bank SinoPac and Bank of Taiwan to hold the party’s checks after the Taipei High Administrative Court last week lifted a freeze imposed on the account by the committee.

KMT Legislator Wang Jin-pyng (王金平) said that the committee’s actions were targeting the KMT.

The committee has made its regulations and it alone holds the right to interpret the rules, which the public considers inappropriate and detrimental to the KMT’s interests, Wang said, questioning the validity of the committee and its actions.    [FULL  STORY]

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