TAIPEI, Taiwan — Prosecutors have reopened an investigation into the Kuomintang's sale of the Broadcasting Corporation of China (BCC, 中國廣播公司) — one of three related high-profile cases that were closed in 2014. The Taipei District Prosecutors Office on Thursday questioned ex-BCC Chairman Chao Shao-kang (趙少康) over his purchase of the company from Jungli Investment Co. (榮麗投資公司) in 2006. Prosecutors said they were currently working to determine the sources of funds Chao used in the BCC purchase. Chao told reporters outside the prosecutors' office on Thursday that he had nothing to hide. The now-disbanded Special Investigation Division under the Supreme Prosecutors Office investigated the sale of the three media firms over accusations of fraud, money laundering and embezzlement.

Source: The China Post August 03, 2017 08:48 UTC