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Chu donations top NT$141 million

TAIPEI (Taiwan News) – Kuomintang presidential candidate Eric Liluan Chu and his running mate Jennifer Wang received a total of NT$141,793,797 (US$4.3 million) until December 15, the ruling party announced Thursday.
The announcement followed many demands from opposition politicians and critics for the KMT to be more open about its finances, particularly in the light of the alleged sale of party assets to fund the campaign.
The party also said that the Chu account had spent NT$5,612,209 (US$170,000) so far.
Chu is caught in a tough battle with Democratic Progressive Party Chairwoman Tsai Ing-wen, who has been leading opinion polls by a considerable margin, and People First Party Chairman James Soong in the race for the January 16 presidential and legislative elections.
The KMT said the spending announced Thursday was so low because the accounting procedure had not been completed yet. All sums, both small donations and spending, had been filed with the Control Yuan as required by law, the KMT said.
The DPP immediately slammed the KMT news release, saying it was too superficial and failed to explain what was happening with Chu’s campaign spending. The KMT leader and candidate needed to come out on New Year’s Day and provide the voter with a clear account of his spending and income, a DPP spokesman said.

Updated : 2021-05-12 04:58 GMT+08:00