Taiwan News
Date: 2016-03-29
By: Central News Agency

State-run Mega Financial Holding Co. Chairman Tsai Yeou-tsair is to resign from his post Friday, according to Minister of Finance Chang Sheng-ford.

Tsai has offered to resign more than10 times over the past six months, Chang said after Tsai announced his resignation early that day.

Chang said Tsai first expressed his intention to resign when attending the annual meeting of the Asian Development Bank in Baku, Azerbaijan in May 2015.

Tsai reiterated his intention at the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting in the Philippines in September last year, Chang said, adding that he rejected Tsai’s offer at that time on the grounds that the time was not right for him to step down so soon before the Jan. 16 presidential election.     [FULL  STORY]