The Taiwan People’s Party (TPP) yesterday said it had made mistakes in declaring 17 records of political donations for its election campaign which add up to about NT$18 million (US$554,529), in response to speculation that the party made false declarations.
The Control Yuan on July 18 publicized on its open data platform the income and expenditure of political donations to candidates for January’s presidential and legislative elections, declared by the political parties and their candidates.
Citing the data, political pundits last week raised questions about the TPP and TPP Chairman Ko Wen-je (柯文哲), the party’s presidential candidate, having allegedly declared false income and expenditure records.
Photo: Chu Pei-hsiung, Taipei Times
Two marketing companies — OCT Entertainment Co (時樂) and Neo Creative Marketing Production Co (尼奧創意行銷) — last week said that there were errors in three expenditure records that said the TPP paid them for services, although they did not receive the money.
The TPP on Saturday apologized for the three records, calling them “accounting mistakes,” and pledged to recheck its election campaign cash flow records.
As political pundits continued to question other aspects of the campaign’s obscure financial dealings, the party yesterday held a news conference.
“Finding out about the mistakes in our political donation disclosure data, I was very shocked, and also actually quite nervous,” Ko said.
He said a review of the records showed that the party has invoices for all expenditures and “more importantly, none of it went to any individual’s pocket.”
“We outsourced all the recordkeeping duties, but some people cut corners and did not log every single record of our expenditure, and in the end just logged a large sum of expenditure, and this is why there are errors,” Ko said.
TPP legislative caucus director Vicky Chen (陳智菡), who was deputy manager of the TPP’s election campaign office, said that the review found 17 missed or misreported records caused by accountant Tuanmu Cheng (端木正), who the party hired to declare its financial records.
She said the party has finished checking all the expenditure records for more than NT$410,000, and found 15 records that were not reported and two records that were misreported, which add up to about NT$18.17 million.
“All of our expenditure has invoices and receipts, and we really paid the [commissioned] companies, but the accountant did not declare the payments to the Control Yuan,” Chen said.
When the party asked Tuanmy about the mistakes, he said that it was because “he didn’t have enough time,” she said, adding that they found no illegal conduct or donations going to any individual’s bank account, and that the party would continue to check the remaining records and then submit the correct data to the Control Yuan.
The TPP would also take legal action against the accountant to hold him accountable for his mistakes, she said.
Ko said it is the first time the TPP had a candidate running for president, so the party was inexperienced and figuring some things out, but the errors should not have happened, and the party would correct the data and learn from its mistakes.
Jing Hua Certified Public Accountant Firm (精華會計師事務所), the company that Tuanmu is affiliated with, yesterday issued a statement in Tuanmu’s name, saying that the auditing service provided by the accountant for Ko’s political donations was conducted lawfully.
“We believe the Control Yuan and the prosecutors’ office should investigate the evidence, clarify the truth and prove the accountant innocent,” the statement said.
In related developments, former Taipei deputy mayor Peng Cheng-sheng (彭振聲) was listed as a suspect in a corruption probe over the handling of two real-estate projects, following questioning by Taipei prosecutors yesterday.
Although Peng was released, he must stay at home and is not allowed to leave the country.
In May, prosecutors launched the probe into the two real-estate projects — the Core Pacific City Mall (京華城) redevelopment and the Beitou Shilin Science Park (北投士林科技園區) project — conducted when Ko was Taipei mayor.
Prosecutors questioned Peng about the Core Pacific City Mall redevelopment case, after receiving complaints from third parties about alleged misconduct, illegal profiteering and questionable procedures.
The case relates to city officials approving the mall’s redevelopment into a commercial building complex, with an agreement to allow the floor area ratio to be increased by up to 840 percent.
Taipei city councilors alleged that the agreement enabled the mall’s owner, Core Pacific Group (威京集團), to derive extra financial gains of more than NT$40 billion.
Additional reporting by Jason Pan
UKRAINE, NVIDIA: The US leader said the subject of Russia’s war had come up ‘very strongly,’ while Jenson Huang was hoping that the conversation was good Chinese President Xi Jinping (習近平) and US President Donald Trump had differing takes following their meeting in Busan, South Korea, yesterday. Xi said that the two sides should complete follow-up work as soon as possible to deliver tangible results that would provide “peace of mind” to China, the US and the rest of the world, while Trump hailed the “great success” of the talks. The two discussed trade, including a deal to reduce tariffs slapped on China for its role in the fentanyl trade, as well as cooperation in ending the war in Ukraine, among other issues, but they did not mention
Japanese Prime Minister Sanae Takaichi yesterday lavished US President Donald Trump with praise and vows of a “golden age” of ties on his visit to Tokyo, before inking a deal with Washington aimed at securing critical minerals. Takaichi — Japan’s first female prime minister — pulled out all the stops for Trump in her opening test on the international stage and even announced that she would nominate him for a Nobel Peace Prize, the White House said. Trump has become increasingly focused on the Nobel since his return to power in January and claims to have ended several conflicts around the world,
GLOBAL PROJECT: Underseas cables ‘are the nervous system of democratic connectivity,’ which is under stress, Member of the European Parliament Rihards Kols said The government yesterday launched an initiative to promote global cooperation on improved security of undersea cables, following reported disruptions of such cables near Taiwan and around the world. The Management Initiative on International Undersea Cables aims to “bring together stakeholders, align standards, promote best practices and turn shared concerns into beneficial cooperation,” Minister of Foreign Affairs Lin Chia-lung (林佳龍) said at a seminar in Taipei. The project would be known as “RISK,” an acronym for risk mitigation, information sharing, systemic reform and knowledge building, he said at the seminar, titled “Taiwan-Europe Subsea Cable Security Cooperation Forum.” Taiwan sits at a vital junction on
LONG-HELD POSITION: Washington has repeatedly and clearly reiterated its support for Taiwan and its long-term policy, the Ministry of Foreign Affairs said US Secretary of State Marco Rubio yesterday said that Taiwan should not be concerned about being used as a bargaining chip in the ongoing US-China trade talks. “I don’t think you’re going to see some trade deal where, if what people are worried about is, we’re going to get some trade deal or we’re going to get favorable treatment on trade in exchange for walking away from Taiwan,” Rubio told reporters aboard his airplane traveling between Israel and Qatar en route to Asia. “No one is contemplating that,” Reuters quoted Rubio as saying. A US Treasury spokesman yesterday told reporters