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Bills related to party assets go to committee Friday

Bills related to party assets go to committee Friday

Bills on party assets go to committee Friday

A draft act on supervision and management of party assets proposed by the Kuomintang (KMT), along with the versions from the Democratic Progressive Party (DPP), is expected to be submitted to the legislature's Internal Administration Committee for review on Friday, KMT legislative caucus whip Lin Te-fu said Thursday.

As bills related to the disposition of assets improperly obtained by political parties proposed by DPP legislators were boycotted by KMT legislators at the Procedure Committee on Feb. 19, the DPP caucus said they will propose the bills again on Friday, and will ask for a vote in case of another boycott to push the bills through the committee.

In response, Lin said that members of the Control Yuan have examined KMT party assets and agreed that all questionable assets have been dealt with, so the party assets can absolutely stand up to any challenges. The party is willing to accept confiscation of any assets found to have been illegally obtained, Lin added.

Lai Shyh-bao, KMT Policy Committee executive director and legislator, said Thursday that the KMT will account for each party asset transaction in the legislature next week, and will not exclude the possibility of “open data” to the public.