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LOOKING FORWARD: In her speech in Tainan, Tsai said that people can learn from those such as Tang Te-chang who have inspired Taiwanese in the wake of the IncidentBy Hung Rui-chin and Lee I-chia / Staff reporters
The Chinese Nationalist Party (KMT) illegally obtained land in Taipei that was formerly the site of the Institute of Revolutionary Practice, the Ill-gotten Party Assets Settlement Committee said yesterday, ordering the party to pay NT$3.2 billion (US$114.95 million) in compensation. From 1954 to 1974, the KMT-affiliated institute administered the land and building in Wenshan District (文山), which was known as the Chunghsing Estate (中興山莊), the committee said. The KMT’s income from membership fees from 1953 to June 1980 comprised only 1.83 percent of the institute’s income, while ...
Taipei, Feb. 8 (CNA) Taiwan's Cabinet-level Ill-gotten Party Assets Settlement Committee on Tuesday passed a resolution to seize nearly NT$3.238 billion (US$116.23 million) from the main opposition Kuomintang for the "illegal sale" of property decades ago.
The Taipei High Administrative Court yesterday ruled against the Chinese Nationalist Party (KMT) in two lawsuits initiated by the Cabinet’s Ill-gotten Party Assets Settlement Committee over three entities in Taipei with a combined worth of NT$16.38 billion (US$589.19 million at the current exchange rate). The court’s decision deemed that two investment firms — Central Investment Co (中央投資公司) and Hsinyutai Co (欣裕台), worth a combined NT$15.6 billion — and one residential building — Daxiao Building (大孝大樓), worth NT$782 million — had been obtained by the KMT th...
The Aligarh police attached assets worth Rs 51.80 crore belonging to western Uttar Pradesh’s liquor mafia Anil Chaudhary. He is the key accused in the hooch tragedy, in which nearly 50 people lost their lives. The assets were found when the Aligarh police conducted a raid as part of a crackdown on gangsters and anti-social elements as per the state government directions.