Lawmaker proposes payout for bonds from Japanese occupation

Radio Taiwan International
Date: 2017-01-16

A ruling party lawmaker is hoping to create legislation that would enable people to receive payment for treasury bonds from the Japanese occupation of Taiwan.

The bonds were issued during the occupation, which lasted from 1895 to 1945. The Japanese government has told individual bond-holders that the matter was handed off to the Kuomintang (KMT) run government in Taiwan at the end of the occupation. However, Taiwan’s government maintains that reimbursement is the responsibility of Japan. That has made it impossible for people in Taiwan to get money for their treasury bonds for about 70 years.

The Democratic Progressive Party’s (DPP) Chen Ting-fei introduced legislation in committee last November in the hopes of helping bond holders get their money back.

She said Monday that the issue is brought up during every legislative session but it never progresses due to a lack of support. She says she wants to help solve a problem that has been tabled for years.    [FULL  STORY]

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