Nationalist Party Escapes Responsibility for 16.3 Billion Party Assets, Becomes Target of Recall Motion: 'Big Exodus' Now

Reported 6 months ago

On June 7th, 2024, Kuomintang (Nationalist Party) legislators failed to attend an important meeting regarding the handling of their 16.3 billion party assets, leading to the successful proposal by the Democratic Progressive Party (DPP) to send the issue back to the committee. This move was criticized by DPP legislator Ke Jianming as an attempt by the KMT to evade responsibility, turning the issue into a potential target for recall. The proposed legislation aims to address improperly acquired party assets, specifically focusing on the Taiwan Rescue Association, which was found to have inappropriately acquired assets worth over 16 billion TWD from the government. The DPP has vowed to closely monitor the situation in the legislature amidst growing public pressure against the KMT's actions.

Source: YAHOO

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