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Tsai slams KMT asset sales

TAIPEI (Taiwan News) – Democratic Progressive Party presidential candidate Tsai Ing-wen on Saturday accused the Kuomintang of trying to sell its assets in order to evade scrutiny.
The size and reach of the ruling party’s assets have been controversial issues for decades, as it has been characterized as the world’s wealthiest political group, able to fund election campaigns with real estate and businesses sometimes illegally taken over at the end of the Japanese colonial period.
Tsai commented Saturday on advertisements placed in newspapers over the past few days that seemed to indicate that KMT-affiliated businesses were trying to sell assets.
The KMT should not try to get rid of major assets in the run-up to the January 16 election in order to evade reviews and supervision by the new Legislative Yuan to be elected on that day, Tsai said. Opinion polls indicate that she will be elected president, while for the first time, the DPP and its allies could control a majority in the 113-seat Legislature.
KMT Chairman Eric Liluan Chu, who is also the party’s presidential candidate, should order a freeze of all the questionable assets instead of trying to sell them off, Tsai said.
The opposition leader also emphasized how she had already made public the list of donations and funding for her campaign, so it would be only reasonable to ask Chu to do the same, so he could prove he had not used any KMT assets.
According to DPP lawmakers, the ruling party was trying to sell plots of land in Taipei City, Taichung and Changhua, as well as a hotel on the Pacific island of Palau.

Updated : 2021-09-19 16:27 GMT+08:00