Date: Aug 25, 2017
By: Abraham Gerber / Staff reporter
Prosecutors should take action against Ministry of Education officials for passing a
special rule to benefit the board of the now-defunct Yung Ta Institute of Technology and Commerce, protesters said yesterday outside the Taiwan High Prosecutors’ Office in Taipei.
About a dozen protesters affiliated with the Taiwan Higher Education Union gathered outside the office, shouting slogans calling for the school’s assets to be taken over by the government, after the ministry declined to withdraw a new regulation extending the school’s transition deadline by three years before a government takeover clause takes effect.
The private school was closed in 2014 due to dwindling student numbers, with subsequent school board “transition” plans for school property failing to pass government review, even as the net value of the school’s assets declined from NT$1.26 billion (US$41.63 million at the current exchange rate) to NT$1.02 billion.