Taiwan Quick Take: KMT puts assets on the line

The KMT said yesterday that it was forming a supervisory committee to resolve the issue of its stolen assets. The committee has four party members and six non-KMT members, including lawyer C.V. Chen (陳長文) and Emile Sheng (盛治仁), a Soochow University professor. KMT Chairman Ma Ying-jeou (馬英九) said the party will propose its own version of a political party law, which would include a chapter dealing with stolen assets. Ma said the KMT would be willing to return assets that had been orginally taken during the Japanese colonial period, and would sell those that it acquired legally. He said the party hopes to sell the Central Investment Corp by next June.