Sat, Apr 05, 2014 - Page 3 News List

TRADE PACT SIEGE: Control Yuan anti-corruption report uncovers the riches of ‘Bandit’ Chang

By Lee Hsin-fang and Jake Chung  /  Staff reporter, with staff writer

The Control Yuan’s latest anti-corruption report reveals that Chinese Nationalist Party (KMT) Legislator Chang Ching-chung (張慶忠) — one of the so-called “four major bandits” of the cross-strait service trade pact named yesterday by student protesters — is in possession of great wealth.

Chang is now infamous for triggering the Sunflower movement by speeding the cross-strait service trade pact through the joint screening committee meeting in 30 seconds on March 17, sending it straight to the legislative floor.

According to the report released by the Control Yuan on Thursday last week, Chang has 143 properties to his name scattered around the nation, with most of them concentrated in New Taipei City’s Tucheng (土城), Jhonghe (中和) and Yonghe (永和) districts, as well as Taipei’s Zhongshan (中山) and Xinyi (信義) districts, Taoyuan County’s Jhongli (中壢) and in Hsinchu City.

He has six entire buildings registered to his name in Tucheng, Yonghe and Jhonghe districts.

The report shows that Chang also holds NT$388 million (US$12.6 million) in stock and bonds, NT$20.8 million in savings and NT$9.1 million in jewelry, antiques and two golf club passes; one in Taoyuan and one in China’s Fuzhou.

Chang also holds NT$790 million in obligations and NT$19.5 million in investments, the report showed, adding that in 2012 and last year, Chang had either sold or purchased more than 80 plots of land.

Meanwhile, the report shows that KMT Legislator Cheng Ru-fen (鄭汝芬) has more than 60 properties and 21 buildings to her name, with more than NT$150 million in savings, NT$16 million in stock and bonds and more than NT$1.2 billion in obligations.

KMT Legislator Su Ching-chuan (蘇清泉) has 74 plots of land and 12 buildings to his name, NT$38.2 million in savings, NT$2.9 million in stocks and NT$1.6 billion in obligations, the report showed, adding that Su has also invested NT$8.7 billion in funds and other legal entities.

The report also included the asset value of Taipei mayoral candidate hopefuls, including KMT Legislator Ting Shou-chung (丁守中) and Democratic Progressive Party (DPP) lawmakers Hsu Tain-tsair (許添財) and Pasuya Yao (姚文智).

Ting has realty in Taipei’s Beitou District (北投), NT$5.8 millions in savings, NT$20 million in stocks, and NT$2.6 million in watches and jewelry, the report showed.

Hsu has property in both Greater Tainan and the US, NT$13 million in savings and NT$3.9 million in gold, the report found, adding that Yao holds property in Taipei’s Wenshan District (文山), NT$3.9 million in savings, NT$2 million in obligations, more than NT$8 million in house loans and about NT$2.5 million in investment businesses.

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