Taiwan Legislator Faces Scrutiny Over Alleged Undeclared Spouse's Shareholdings
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- A political candidate is questioning a legislator's property declarations, alleging failure to report her spouse's significant shareholding in a construction company.
- The legislator's spouse reportedly became chairman and a major shareholder of Haichuan Construction before the legislator's official property filing.
- The candidate demands clarification on the share acquisition, value, and reporting of these assets, citing potential concealment of interests.
A political candidate in Taiwan has raised serious questions about a legislator's financial disclosures, alleging that the legislator failed to report her spouse's substantial holdings in a construction company. Shen Pei-ling, a candidate for city councilor in Taoyuan from the Alliance of the Little People, stated that legislator Wan Mei-ling's property declarations appear incomplete.
According to company registration data, Wan's spouse, Sze Tong-ssu, became chairman and a representative of Haichuan Construction on August 31, 2021, holding 610,000 shares. This date predates Wan's official property declaration on November 1, 2021. Shen claims that Haichuan Construction was not listed in the stock or business investment sections of Wan's declarations for 2021 or subsequent years.
Whether it was an unintentional oversight, an error in reporting classification, or deliberate concealment of assets?
Shen further pointed out discrepancies in the reporting of another investment, Chuanyang Co., Ltd. While a 20 million NT dollar investment was declared in 2020 and reappeared in 2022, it was notably absent from the 2021 filing. Shen questioned whether these omissions were unintentional oversights, errors in classification, or deliberate concealment of assets.
The candidate is demanding answers from Wan regarding when and at what price the Haichuan Construction shares were acquired, whether they were issued stock, and why they were not declared as business investments. Shen emphasized that for a public servant and her family, honest asset declaration is a fundamental requirement, urging Wan to rectify her filings and publicly address these concerns.
When you ask the people to believe that your political family will use power well and manage public resources, honestly declaring assets and not concealing conflicts of interest is the least we expect.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.