Spokesman rebuts charges against premierBy Jason Pan / Staff reporterExecutive Yuan spokesman Ting Yi-ming (丁怡銘) yesterday rebutted accusations by Chinese Nationalist Party (KMT) members that Premier Su Tseng-chang (蘇貞昌) had worked to ensure that banking executive Jason Liao (廖燦昌) last year landed the job of chairman of state-run First Financial Holding Co and its subsidiary First Commercial Bank. Liao resigned from both posts after he was indicted on Thursday last week in connection with charges of fraud against Far Eastern Air Transport Corp (FAT) chairman Chang Kang-wei (張綱維), which implicated several of the nation’s leading banks, including Taiwan Cooperative Bank. Ting said that Chang negotiated the loans with Taiwan Cooperative Bank in 2016, during the transition from the KMT government to the Democratic Progressive Party (DPP) government. There were calls demanding that the Executive Yuan remove Liao, but “Su was protecting him at the time,” the KMT said. “Su subsequently appointed Liao as chairman of First Commercial Bank.

Source: Taipei Times August 06, 2020 15:56 UTC