The Chinese Nationalist Party (KMT) yesterday accused Ultra Source Ltd of being a dummy company established to take advantage of an egg shortage and asked whether it had illegally colluded with the government.
The company was only established in September last year with NT$500,000 (US$15,693) in capital, yet it was asked to import 88.14 million eggs, KMT caucus convener William Tseng (曾銘宗) said.
Tseng asked where the money came from, how much profit was made and where the money went.
Photo courtesy of the KMT caucus
He asked whether members of the Democratic Progressive Party (DPP) were behind the company.
The government granted subsidies of NT$559 million from March to July under an import program to address the egg shortage, Tseng said.
It must provide a list of the firms that received the funds so it can be determined whether people or groups improperly benefitted from the grants, he said.
KMT caucus deputy secretary-general Lee Te-wei (李德維) said that 11 egg importers were part of the government program, but only Ultra Source was asked to import so many eggs.
Even state-funded Mitagri Corp, which has NT$1 billion in capital, only imported 30 million eggs, Lee said.
It is puzzling why the Council of Agriculture would put so much faith in Ultra Source, a company with such low capital, he said.
KMT Legislator Lin Wei-chou (林為州) said that the National Animal Industry Foundation selected the companies to participate in the program.
The Ministry of Agriculture subsidized 30 percent of the import taxes the firms had to pay for eggs, Lin said.
An imported egg cost on average NT$5.59 while customs taxes were NT$1 to NT$2 per egg, meaning that the Council of Agriculture in essence bought eggs for NT$7 each, but sold them to vendors for NT$4.7 each, he said.
Ultra Source’s 88.14 million imported eggs cost Taiwanese NT$200 million, but the company has not reported how much it profited from egg sales, he said.
The situation raises suspicion that specific companies were favored and demands an investigation, Lin said.
DPP lawmakers urged the KMT to provide evidence to back up its allegations.
Additional reporting by Chen Cheng-yu
An essay competition jointly organized by a local writing society and a publisher affiliated with the Chinese Communist Party (CCP) might have contravened the Act Governing Relations Between the People of the Taiwan Area and the Mainland Area (臺灣地區與大陸地區人民關係條例), the Mainland Affairs Council (MAC) said on Thursday. “In this case, the partner organization is clearly an agency under the CCP’s Fujian Provincial Committee,” MAC Deputy Minister and spokesperson Liang Wen-chieh (梁文傑) said at a news briefing in Taipei. “It also involves bringing Taiwanese students to China with all-expenses-paid arrangements to attend award ceremonies and camps,” Liang said. Those two “characteristics” are typically sufficient
A magnitude 5.9 earthquake that struck about 33km off the coast of Hualien City was the "main shock" in a series of quakes in the area, with aftershocks expected over the next three days, the Central Weather Administration (CWA) said yesterday. Prior to the magnitude 5.9 quake shaking most of Taiwan at 6:53pm yesterday, six other earthquakes stronger than a magnitude of 4, starting with a magnitude 5.5 quake at 6:09pm, occurred in the area. CWA Seismological Center Director Wu Chien-fu (吳健富) confirmed that the quakes were all part of the same series and that the magnitude 5.5 temblor was
The brilliant blue waters, thick foliage and bucolic atmosphere on this seemingly idyllic archipelago deep in the Pacific Ocean belie the key role it now plays in a titanic geopolitical struggle. Palau is again on the front line as China, and the US and its allies prepare their forces in an intensifying contest for control over the Asia-Pacific region. The democratic nation of just 17,000 people hosts US-controlled airstrips and soon-to-be-completed radar installations that the US military describes as “critical” to monitoring vast swathes of water and airspace. It is also a key piece of the second island chain, a string of
The Central Weather Administration has issued a heat alert for southeastern Taiwan, warning of temperatures as high as 36°C today, while alerting some coastal areas of strong winds later in the day. Kaohsiung’s Neimen District (內門) and Pingtung County’s Neipu Township (內埔) are under an orange heat alert, which warns of temperatures as high as 36°C for three consecutive days, the CWA said, citing southwest winds. The heat would also extend to Tainan’s Nansi (楠西) and Yujing (玉井) districts, as well as Pingtung’s Gaoshu (高樹), Yanpu (鹽埔) and Majia (瑪家) townships, it said, forecasting highs of up to 36°C in those areas