Former Chinese Nationalist Party (KMT) financial director and vice premier Hsu Li-teh (
The two holding companies are the Central Investment Holding Co and Hua Hsia Investment Holding Co.
The DPP caucus also warned the KMT against rushing to sell off its assets, which the DPP claims were stolen from the public during the decades of KMT rule, before the legislative election.
The DPP caucus said that a new bidder, Lone Star AMC, had become interested in the Central Investment Holding Co.
Cooperation
"Lone Star AMC chairman Chang Liang (張樑) is also a member of the board at the Huanyu Investment Company (環宇投資公司). But Huanyu's chairman is in fact Hsu [Li-teh], and we suspect that Hsu is using Lone Star AMC to cooperate with Chinatrust Financial Holding Co's (中信金控) Koo family to purchase Central Investment Holding Co," said DPP lawmaker Chang Hsueh-shun (張學舜), who heads the DPP's assets investigation task force.
Chang added that Hsu might be involved in the sale of the Hua Hsia-owned Chinese Television Company (CTV) and the Broadcasting Corporation of China (BCC).
"A group interested in bidding for the two media outlets includes Hsu's business partner in Huanyu Investment, Yu Cheng-hsiung (余正雄)," Chang said.
Chang said that Yu was working with son-in-law Lin Ku-chun (
The DPP caucus also warned the KMT and interested bidders against laundering their "stolen assets."
"The KMT is trying to sell off its assets in exchange for cash to pay for the legislative election campaign. But this is something the Taiwanese people will not allow. The KMT's rush to sell off its assets will also make the public doubt the party's sincerity in returning the assets to the people," DPP caucus whip Lee Chun-yee (
Lee also said that any bidder who purchases party assets would not be looked upon kindly in future and even be seen as an accomplice in helping the KMT launder its stolen assets.
At press time last night, the Taipei Times was not able to contact Hsu.
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