The committee said that it wished to clarify whether the properties were obtained by the KMT in contravention of the bounds of a political party, or other democratic or legal principles. If the properties — which have already been sold — were ill-gotten, it wanted to know whether the state should demand that the KMT pay it for them and how such compensation should be calculated, the committee added. The KMT had occupied state property illegally and did not return it to the Taipei City Government, even after the provincial government had relocated to Taichung, the committee said. The KMT allegedly made a profit of NT$650 million (US$21.59 million at the current exchange rate) when it sold the building to Universal Real Estate Development Co in 2000, it said. The KMT also obtained ownership of the Housheng building — despite it originally belonging to Taiwan Power Co — and sold the property to a third party in about 2000, the committee said.
