Toxic oil scandal spreads nationwide; Hsieh Chin-ho reveals root causes: 'management failures' at 2 major firms led to crisis
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- A toxic oil scandal involving Zhonglian Grease is spreading nationwide in Taiwan, with opposition parties accusing the central government of a cover-up.
- Financial media chairman Hsieh Chin-ho pointed to leadership changes at two major companies, Taishanh and Fumaob, as potential root causes for the crisis.
- Authorities have so far recovered over 1,600 metric tons of non-compliant oil, affecting more than 1,000 businesses.
A toxic oil scandal originating from Zhonglian Grease is escalating across Taiwan, prompting accusations from opposition parties that the central government is attempting to conceal the extent of the issue.
Hsieh Chin-ho, chairman of P.C.H. Media, suggested that leadership changes at Taishanh and Fumaob oil companies may have laid the groundwork for the crisis. He criticized Taiwan's lack of a comprehensive inspection mechanism, making industry self-regulation crucial. Hsieh pointed to Taishanh's acquisition by Zhu Guorong's associates and Fumaob's control by stock speculator Wu Jinquan as dangerous triggers for the toxic oil incident.
The bad origins were planted long ago, but no one had the ability to deal with them. Zhonglian Grease, Fumaob are in Taichung, Taishan is in Changhua County. When everyone is trying to throw mud at each other, shouldn't the local governments take responsibility first?
As of July 15, Taiwan's Food and Drug Administration (FDA) reported that 1,661.6 metric tons of non-compliant oil produced by Zhonglian Grease had been recovered. The contaminated oil impacted 1,006 downstream businesses, with an additional 6,020.6 metric tons voluntarily removed from shelves as a precaution. The FDA stated that Taiwan's food safety management system is rigorous, dismissing claims from China's Taiwan Affairs Office spokesperson Zhu Fenglian that the Democratic Progressive Party administration was delaying the response and attempting to hide information.
Hsieh also noted that political parties are engaged in mutual accusations regarding campaign donations, diverting focus from problem-solving. He highlighted that only I-Mei Foods has established its own inspection agency, underscoring the need for better industry self-regulation. The article details how leadership changes at Taishanh and Fumaob, involving figures like Zhu Guorong and Wu Jinquan, allegedly compromised corporate integrity and contributed to the scandal. Wu Jinquan, in particular, is described as having a history of stock market manipulation, leading to prison sentences for himself and his wife.
The worst is that cognitive warfare from the mainland is making a strong effort!
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.