Liu Tai-ying Claims KMT Still Has Many Assets; Lawyer: Investigate Legally for Concealment

Former Kuomintang (KMT) party assets committee chairman Liu Tai-ying has stated that a significant portion of the party's assets were once registered under the names of individuals, often referred to as 'nominees.' Liu claims that due to political changes and the passing of these nominees, many of these assets are now irrecoverable.

Responding to these assertions, lawyer Fang Yen-hui believes that if Liu's claims are true, an investigation should be initiated according to the law governing the handling of improperly acquired assets by political parties and their affiliated organizations. Fang suggests that relevant parties should be summoned to explain the situation and provide evidence, such as nominee agreements, to clarify whether any improper party assets remain undisclosed or concealed.

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If true, an investigation should be initiated according to the law.

Fang emphasized that a rule-of-law nation relies on evidence, not political rhetoric. While Liu's statements alone do not constitute proof, they can serve as a crucial lead for an administrative investigation. The process should involve collecting evidence, cross-referencing company registrations, land records, equity changes, and historical archives to ascertain the truth. If investigations reveal that assets registered under third parties were actually controlled by the political party, they could be deemed improper party assets subject to handling under the law.

Furthermore, Fang noted that if the investigation uncovers evidence of crimes such as document forgery, embezzlement, or breach of trust, these matters should be transferred to the judicial authorities for prosecution. The lawyer stressed that a transparent process is essential to clarify the truth regarding these historical party assets.

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A rule-of-law nation relies on evidence, not political rhetoric.