Fri, Oct 26, 2007 - Page 4 News List

Ma should go public with details of BCC sale: Shieh

DODGY DEAL? Authorities believe four subsidiaries that purchased the BCC were dummy corporations set up to allow the KMT to get rid of its stolen assets

By Shih Hsiu-chuan  /  STAFF REPORTER

Government Information Office Minister Shieh Jhy-wey (謝志偉) yesterday demanded Chinese Nationalist Party (KMT) presidential candidate Ma Ying-jeou (馬英九) make public the details of the party's sale of the Broadcasting Corporation of China (BCC) while he was chairman.

Shieh made the remarks at a press conference in response to the resignation of BCC chairman Jaw Shaw-kong (趙少康), who said "relentless government persecution" had led him to step down.

"If anyone is to blame for this, it is Jaw himself.," Shieh said.

Jaw bought BCC from Hua Hsia Investment Holding Co (華夏投資公司), a KMT company, earlier this year and resigned from its management on Wednesday.

The National Communications Commission (NCC) in June approved the sale, but the ruling was later suspended by the Executive Yuan.

The government believes the four subsidiaries were actually owned by Jaw and his wife Liang Lei (梁蕾) and were dummy corporations set up to make the purchase to provide the KMT with a way to sell stolen assets illegally.

"Ma owes the public an explanation on how the KMT dealt with assets that are state property," Shieh said.

Also see Editorial: BCC: Just a drop in the bucket

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