Financial Minister: More than 1,700 Households Found in Violation at Xin Qing'an? Will Discuss Listing Credit Flaws Record with FSC

Reported 12 months ago

The Minister of Finance, Chu Tzu-yun, disclosed that over 1,700 high-risk households have been identified in a recent review of Xin Qing'an loan violations, with active investigations ongoing by each state-run bank. She assured a preliminary investigation report would be provided within a month. The Finance Committee invited the FSC Chairperson, Chin Chin-lung, and Minister of Finance, Chu Tzu-yun, to the Legislative Yuan for a special report and questioning on promoting insurance industry funding for public projects. Concerns were raised by lawmakers regarding the investigation into Xin Qing'an housing loan violations and changes in policy to prevent misuse for speculation purposes.

Source: YAHOO

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