Acknowledging being a shareholder! Ko Ru-chun: Small investment to support classmates, will abandon shares and rights
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- KMT legislator Ko Ru-chun confirmed he was a shareholder in the company akaSwap, which is linked to the DPP's mayoral candidate Su Chiao-hsuan's sister.
- Ko stated he invested NT$100,000 (less than 2% ownership) in 2021 out of support for classmates and innovation, seeking no profit.
- He announced he will relinquish all shares and rights in the company to avoid speculation.
Kuomintang legislator Ko Ru-chun has confirmed he was a shareholder in akaSwap, a company linked to the sister of Democratic Progressive Party's New Taipei mayoral candidate Su Chiao-hsuan. The accusation emerged from the Taiwan People's Party, which questioned the close ties between akaSwap and WeLike, a company that received funding from the Ministry of Culture.
I have decided to relinquish all shares and related rights in that specific company in writing.
Ko stated that his investment of NT$100,000 in 2021 represented less than 2% of the company's capital. He explained that the investment was made out of support for his classmates and junior schoolmates who were developing VR technology and Web3 applications. At the time, Ko was a university lecturer with limited personal finances and made a small, non-profit-seeking investment.
To prevent further speculation and misunderstanding, Ko announced he would formally relinquish all his shares and rights in the company through written notification. He emphasized that his initial intention was solely to support innovation and friendship, and he has never sought any profit from this investment.
The initial intention of the entire matter was out of his support for the development of innovative technology.
Ko stressed that technology is neutral and supporting technological development is everyone's responsibility. He expressed hope that the public would respect the facts and his statement, asserting that society will ultimately render its own judgment.
Technology is neutral, and everyone is responsible for supporting technological development.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.