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NT$150 MILLION: Assets committee unfreezes funds for KMT payroll

“Jan. 31, when the party settles all its due payments, will be the end of the era where the KMT funded its operations with [ill-gotten] assets,” Koo台新銀行台中貸款部 said

The Ill-gotten Party Assets Settlement Committee yesterday announced the lifting of a freeze on about NT$150 million （US$4.77 million） worth of Chinese Na原住民貸款補助tionalist Party （KMT） assets, allowing the party to pay its workers this month amid efforts to downsize its operations.台中青年創業貸款條件

The KMT’s downsizing plan would中國信託債務協商電話 prevent it from using presumably illegally obtained assets to cover its payroll expenses, as the Act Governing the Hand青創貸款條件ling of Ill-gotten Properties by Political Parties and Their Affiliate Organizations （政黨及其附隨組織不當取得財產處理條例） states that parties have to use legally acquired income to pay for salaries of new employees hired after the act was promulgated.

“The KMT after Jan. 31 will be a very different party. It will be totally funded by legally acquired income, which will be an epoch-making development for Taiwan,” he said.

The committee has frozen a total of NT$920 million in KMT assets, but about NT$230 million had been released prior to yesterday to allow the party to pay salaries and labor and health insurance fees.

COURT RULING

“It will be a significant moment for achieving transitional justice and will create a fair competitive environment 桃園借錢管道for political parties,” he said.

In related ne汽車借款行照ws, the Taipei High Administrative Court yesterday ruled against the committee in the freezing of NT$740 million i青年購屋首貸n KMT assets.

The frozen mone嘉義房貸銀行y, though likely to be recognized as ill-gotten assets, are key to信貸試算excel the KMT’s survival, and the freeze has severely limited the party’s operations, causing the party to delay salary payments and dismiss hundreds of employees, the ruling said.

小額借款台中The Supreme Administrative Court last year suspended原住民貸款優惠 the committee’s order freezing two KMT bank accounts and eight uncashed checks, but the committee immediately issued another freeze.

However, it will not be allowed to dispose of the assets of its presumed affiliates, including Central Investment Co （中央投資公司） and Hsinyutai Co （欣裕台股份有限公司）, he said.

The KMT can negotiate with the committee if it has to sell some of its properties,公教人員信用貸款 such as its local branches, should the NT$690 million not be enough to cover the layoff expenses, Koo said.代辦銀行貸款

The committee app民間貸款好嗎負債整合推薦roved the KMT’s request to access NT$150 million in frozen assets to cover this month’s salaries, year-end bonuses and other bonuses, committee chairman Wellington Koo （顧立雄）民間借款利率 said.

The withdrawal will leave the KMT with about NT$690 million in cash in its bank accounts, seven uncashed checks and a payment owed by the Chang Yung-fa Foundation.

The KMT is to lay off all of its 738 employees on Tuesday next week and rehire 310 the台南借錢管道 following day. The NT$690 million will be used to pay for severance pay and pensions.

‘SIGNIFICANT’ STEP

By Chen Wei-han / Staff reporter

原住民貸款條件原住民貸款買車票貼是什麼桃園代書借款The KMT appealed the second order, and the Taipei High Administrative Court ruled in its 青年創業貸款上課favor.

車貸利率如何計算2017-01-2403:00

The committee regrets the ruling, but respects it, spokeswoman Shih Chin-fang （施錦芳） said, adding that the freeze order had been issued because the KMT had not been transparent in handling its assets.

The KMT in August last year cashed a check of卡債協商後多久恢復信用 NT$5.2 million allegedly for payroll purposes, but transferred the money to a personal account in an apparent attempt to hide the funds and did not report the transfer to the committee, Shih said.

As the KMT could not be expected to duly report the management of its properties and asse保單借款試算ts, the committee had to impose the freeze to preserve the party’s assets, she added.

新聞來源：青年結婚貸款高雄房屋二胎債務協商註記信用卡債務協商>TAIPEI TIMES
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