Reported 12 months ago
On July 2, 2024, TVBS News reported that the CTBC Financial Management College, a subsidiary of CTBC Financial Holding Co., was accused of using donations to interfere with personnel matters. The Higher Education Union alleged that CTBC Group not only arbitrarily dismissed 30 full-time teachers from the Xingguo Financial Management College but also coerced staff to sign 'voluntary resignation letters'. Other schools like Taiwan Observer and Asia Pacific College were also reportedly influenced in their operations. Former Vice President of Far East University accused CTBC of orchestrating a 'campus coup' by dismantling the school's management team within 53 days of taking over. In response, CTBC Financial Management College stated that all matters are being handled by legal advisors.
Source: YAHOO