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    Chiang turns down FSC vice chair post after media leaks

    By Joyce Huang
    STAFF REPORTER
    Tuesday, Mar 25, 2008, Page 12

    Charles Chiang (江昭儀) yesterday said that he has rejected the appointment as Financial Supervisory Commission (FSC) vice chairman.

    "I have informed the premier, verbally and in writing, of my decision to not take the job," Chiang said in a telephone interview yesterday.

    MEDIA INFLUENCE

    Chiang, a former Democratic Progressive Party (DPP) legislator, accused members from the former New Tide faction -- his own group -- yesterday of sabotaging his nomination by leaking the news to Chinese-language media, which mostly labeled his appointment as a political kickback and questioned his financial expertise.

    Media said Chiang was given the new job because he is a close supporter of President Chen Shui-bian (陳水扁).

    Although he is a certified accountant in the US, media said Chiang lacked related experience in supervising the domestic financial sector.

    He said that Premier Chang Chun-hsiung (張俊雄) could leave the vacancy unfilled until May 20 when the next administration takes office.

    "I have decided to stay in my electorate in Changhua and aggressively follow through on reforms to the party's local chapter," he said, adding that his decision to refuse the job had nothing to do with the DPP's defeat in the presidential election.

    "I'd made up my mind before Saturday's election," he said.

    REVOLVING DOOR

    He said that it has been very difficult for the DPP government to fill the position ? a vacancy left by former vice chairman Lu Daung-yen (呂東英) in late 2006, since the revolving door restriction caused many talented candidates from the private sector to shy away from government posts.

    The revolving door clause forbids government officials from taking up related positions in private companies within three years after they step down from public office.
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