Date: Apr 09, 2016
By: Stacy Hsu / Staff reporter
President Ma Ying-jeou (馬英九) is facing accusations that he has squandered state funds for personal use, including purchasing concert and movie tickets.
A report by the Chinese-language online news platform SETN.com late on Thursday said Ma has used more than 99 percent of the state affairs fund earmarked for his discretionary use over the past eight years, and that the money was not always spent properly.
For example, the report said Ma used NT$39.958 million (US$1.22 million at current exchange rates) of the NT$40 million state affairs funds allocated in 2012, while there were only about NT$20,000 and NT$30,000 left in the funds in 2013 and 2014 respectively.
Even in the last year of his presidential term, Ma has spent more than half of the NT$30 million allocated for the year in the first six months, the report said. [FULL STORY]