Reported about 1 year ago
On July 7, 2024, Zheng Wen-Can, Chairman of the Straits Exchange Foundation (SEF), stepped down from his position due to a corruption investigation. SEF stated that Zheng resigned to avoid affecting team governance efforts. While Zheng pledges to defend his innocence during the judicial process, speculations arise regarding Wu Fengshan being a potential successor favored by former President Lai Ching-te. However, President Tsai Ing-wen, unaware of Lai's preference, valued Zheng's role within the ruling team and recommended him for the SEF chairman position for his potential benefits to cross-strait relations. Wu Fengshan is seen as a likely successor. Further developments include criticisms on the handling of Zheng's case and potential political impacts within the Democratic Progressive Party.
Source: YAHOO