Taipei Times
Date: Sep 11, 2016
By: Sean Lin / Staff reporter

Taipei Mayor Ko Wen-je (柯文哲) yesterday rejected an allegation by Chinese Nationalist Party (KMT) Legislator Alex Fai (費鴻泰) that he made under-the-table deals with Radium Life Tech Co officials.

Fai yesterday said that Ko on Jan. 18 met with Radium’s top managers at a restaurant on Taipei’s Dunhua S Road, adding that the meeting could be linked to the firm’s acceptance of a ruling handed in an arbitration hearing, which ordered the company to pay the city government a NT$3.35 billion (US$106.2 million) settlement over land it undervalued for the MeHAS City housing project.

Fai said the sum was less than one-third the amount Ko had initially asked for — NT$11.3 billion — and less than 50 percent of the NT$7.6 billion that former Taipei mayor Hau Lung-bin (郝龍斌) had demanded.

He said the two sides could have reached a deal to settle the case “the easy way.”

Fai said that Ko raised legal fees from NT$15 million to NT$22 million when he increased the costs on the indemnification from NT$7.6 billion to NT$11.3 billion.     [FULL  STORY]