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Chu denies excessive campaign spending

TAIPEI (Taiwan News) – Kuomintang presidential candidate Eric Liluan Chu denied Democratic Progressive Party allegations Tuesday that he was spending a total of more than NT$700 million (US$21 million) on the election campaign.
The DPP said that the ruling party leader was already spending NT$300 million (US$9 million) in promotional materials for his own campaign, but with the funds for the legislative elections, which also take place on January 16, the total reached NT$700 million.
The opposition party called on Chu to publicize his spending amounts before the weekend’s live televised debates and to stop selling KMT assets. The party has often been described as the world’s wealthiest political group because of its real estate holdings and corporate enterprises, many of them obtained in the late 1940s, when Japan left Taiwan and the KMT fled China during civil war.
On the campaign trail in Nantou County Tuesday, Chu described the allegations as nonsense. The DPP was probably not using the New Taiwan dollar as the currency unit for its calculations, Chu said, adding that the current campaign was realistic and frugal.
At a news conference, spokespersons for the DPP presented a list of what they said showed how much Chu and the KMT were spending. The presidential campaign had seen spending by Chu reach NT$301 million, including NT$250 million (US$7.6 million) on the Internet, NT$35 million (US$1 million) on TV ads, NT$9.1 million (US$277,000) on radio spots, and NT$7 million (US$213,000) on print advertising, the DPP said.
The KMT had also raised its subsidies for legislative candidates from NT$3.8 million (US$115,000) per candidate to NT$6 million (US$182,000), the opposition party said. With 76 legislative candidates in the running, that total reached NT$400 million (US$12 million), according to the DPP.


Updated : 2021-09-24 05:19 GMT+08:00