Chinese Nationalist Party (KMT) Vice Chairman Wang Jin-pyng (
Meanwhile, government agencies yesterday contradicted each other on whether it was possible to retrieve KMT assets that had been sold off.
PHOTO: LO PEI-TEH, TAIPEI TIMES
The KMT's recent sale of its party assets have caused the government great concern. Minister of Finance Lin Chuan (
Democratic Progressive Party (DPP) legislators voiced similar opinions yesterday. Liang Wen-chieh (
When the media asked Yu about the statute, he said that after the statute was passed, every party's assets would be regulated by it.
"The draft statute stipulates that all improperly obtained party assets will be retrieved," Yu said. "[Such assets] are like booty, and no matter where the spoils go, those receiving a part are involved in booty-sharing."
"KMT Chairman Lien Chan (
Yu used the KMT's cancellation of its planned public offering of Hua Hsia Investment Holding Co (
"After the statute is passed, improperly obtained party assets should all be returned to the country," Yu said. "A party certainly cannot put illegal assets into a trust."
But Auditor-General Su Chen-ping (
Su made those comments when questioned by Non-Partisan Solidarity Union lawmaker Cheng Yu-cheng (
"The Premier may say [that the government will retrieve sold assets], but according to the law, we do not have the right to check the assets of a nonprofit organization," Su said.
After Yu once again pressed on the issue of party assets yesterday, KMT Vice Chairman Wang Jin-pyng (
"We have dealt with about 70 to 80 percent of the assets now, and we're not doing anything wrong." Wang, who is also the legislative speaker, said. "But the pan-green camp is trying to destroy the pan-blue camp," Wang said. "There is a lack of compassion here. Can the people accept a mean and tyrannical government like this one?"
Additional reporting by Jewel Huang
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KMT urged to give back assets
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