New Taipei looks into empty color event accounts

Taiwan News
Date: 2015-07-14
By: Matthew Strong

TAIPEI (Taiwan News) – New Taipei City said Tuesday it might take new legal steps

New Taipei looks into empty color event accounts.  Central News Agency

New Taipei looks into empty color event accounts. Central News Agency

against the two organizers of the Formosa Fun Coast water park blaze after they were found to hold no bank accounts.

Five young people died and almost 500 were injured in the aftermath of the June 27 explosion of colored cornstarch powder at an event at a New Taipei City amusement park inspired by India’s Holi festival.

The city government received the go-ahead from a court for provisional attachments on the assets of water park chairman Chen Po-ting and organizers Lu Chung-chi and Chou Hung-wei, but an investigation Monday showed that the latter two were not registered as holding any bank accounts. Lu manages Play Color Co. and Chou heads Juipo International Marketing Co., the two companies which organized the colored powder event.

An attorney for the city government said he would use Article 20 of the Law of Compulsory Execution to ask the Shilin District Court to present a report on the two men’s assets. If the court approved, they would be forced to explain their financial situation to the court, while if they refused or presented false information, the city attorney could request the assets to be taken over.     [FULL  STORY]

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