Taiwanese Party Questions Subsidies for Candidate's Family Firm Amid Shareholder Revelation
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Taiwan People First Party questioned why a company linked to a DPP candidate's family received subsidies.
- The party's legislator, Ko Ju-chun, stated that companies with less than one million in revenue should not need to declare subsidies.
- The controversy involves accusations of potential conflicts of interest and improper subsidy claims.
A political dispute has erupted in Taiwan over alleged improper subsidy claims and potential conflicts of interest involving a company linked to a candidate from the Democratic Progressive Party (DPP). The People First Party (PFP) has raised questions about the legitimacy of subsidies received by a company associated with Su Chiao-hui, a DPP candidate for New Taipei City mayor.
PFP legislator Ko Ju-chun asserted that companies with annual revenues below one million should not be required to declare subsidies. This statement came in response to the controversy, where the PFP questioned why a company connected to Su Chiao-hui's family allegedly received subsidies despite not meeting this threshold, implying a potential violation of regulations.
The controversy took an unexpected turn when it was revealed that Ko Ju-chun himself is a shareholder in the company in question, Wei Ru Technology. Furthermore, it emerged that Ko Ju-chun had previously sold NFTs on a platform where Su Chiao-hui's sister, Su Chiao-chun, was employed. This revelation has added layers of complexity and personal involvement to the political accusations.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.