The Democratic Progressive Party (DPP) yesterday released more details about Chinese Nationalist Party (KMT) Chairman Lien Chan's (連戰) assets, saying he had concealed many family investments from the public, including NT$1 billion invested in seven companies.
The DPP has claimed that Lien and his father, both formerly civil servants, started their careers from scratch and yet were able to accumulate NT$20 billion thanks to their abuse of office when the KMT ran the country.
PHOTO: CHEN TSE-MING, TAIPEI TIMES
Yesterday, the KMT claimed that Lien's wealth amounted to only NT$1.3 billion and went on the offensive, questioning how DPP Chairman Chen Shui-bian (
According to Taipei County Commissioner Su Tseng-chang (
In response to Lien's assertion that his wealth, as reported to the Control Yuan, was only NT$1.3 billion, Su said, "This report only includes those assets which are registered under Lien, his wife, Lien Fang Yu (
Su added that the boards of Lien's seven associate enterprises consist of Lien's wife and daughter and other relatives and confidants.
"It is impossible to calculate the amount of assets related to these individuals in the enterprises. However, the registered capital assets of these companies is as high as NT$1.02 billion. Therefore, Lien's total assets should amount to over NT2.3 billion," Su said.
Su also suggested that Lien had not been honest in his previous submissions about his wealth. According to Su, Lien once received a fine of NT$300,000 for omitting a loan of NT$36 million to Wu Tse-yuan (
"Furthermore, in 1999 and 2000, Lien made two major payments, which included the purchase of a NT$50 million house and a NT$200 million donation to the 921 earthquake reconstruction efforts. These two payouts were not listed on Lien's asset reports in those two years," Su said.
As well as stepping up the attacks on Lien, the DPP also defended their leader from counterattacks from the pan-blue camp.
"The KMT claimed that the securities that President Chen owns had increased to NT$63.60 billion in 2002 from NT$18.38 in 2000," Presidential Office Secretary-General Chiou I-jen (
Presidential election candidates who get more than 5 percent of the vote are eligible to claim NT$30 for every vote.
According to Chiou, Chen's securities in 2002 were worth only NT$15.09 million, down from NT$18.38 million in 2000.
In response to the KMT's accusation, first lady Wu Shu-chen (
Wu has agreed to file a lawsuit next week against the KMT, Chiou said.
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