Taiwan Pineapple Group vice-chairman Huang Tsung-hung (
In his letter, Huang said that his donations were similar to the Chen Yu-hao (
The first incident transpired in 1998, when Huang gave NT$100 million to the KMT as a political donation to prevent the stock price of Taiwan Pineapple from falling.
"I invited Liu Tai-ying (劉泰英) to use the KMT's money to help boost Taiwan Pineapple's stock price. Liu told me that as the legislative elections were approaching, I should pay the KMT NT$160 million as `donation' money. In reality, what I paid was about NT$100 million," wrote Huang.
The second incident took place in 1999, when former Pintung County Commissioner and current Legislator Wu Tse-yuan (
"Due to the downswing of the real estate market, many of the projects that Taiwan Pineapple was working on were in financial crisis, and I needed to get some immediate financial assistance. Wu offered to help me get a loan of NT$3 billion from a state-run bank, via KMT Chairman Lien Chan's (
According to Huang's letter, the state-run bank turned out to be Chang Hwa Commercial Bank (彰化銀行) and the then bank chairman, Tsai Mao-hsing (蔡茂興), said out that 20 percent of the kickback would be used for Lien's presidential election campaign.
Huang wrote an NT$600 million check to Wu and got the loan from the bank.
In response to the allegations, KMT spokesman Alex Tsai (
"It is a calculated set-up," said KMT policy convener Tseng Yung-chuan (
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