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"Ko Wen-je 'personally convened', 'personally signed', and personally issued instructions'..."

Taiwan People's Party Chairman Ko Wen-je was suspected of protecting industry players and falsifying meeting records in the Jinghua City case and Beitou Shilin Science Park case during his tenure as mayor of Taipei. The Taipei District Prosecutors Office has investigated other cases in May, listed Ko Wen-je as a defendant for corruption, and interviewed relevant personnel one after another. Rumors are flying because of the Shin Kong Life Insurance Company, which is related to the family of Ko's 2024 presidential running mate Wu Hsin-ying.

On August 22, Li Zhenghao, a political commentator on the island, declared:The two key meeting records of the North Shike Land Case, which Ko Wen-je "personally convened", "personally signed", and "personally instructed", "became the most likely super-major case to convict Ko Wen-je of profiteering"In response, People's Party spokesperson Wu Yixuan said that this was just hearsay without any evidence.

▲The Taipei City Police Department case of former Taipei Mayor Ke Wenzhe (left) is suspected of benefiting the family of 2024 vice-president Wu Xinying (right)

Beitou Shilin Science Park covers an area of ​​about 94.38 hectares. It is located in the industrial park in the Zhoumei area on the south side of Beitou District, Taipei City, at the junction of Beitou District and Shilin District. It is adjacent to academic landmarks such as the Children's New Park, the Science and Education Museum, and the Planetarium. There are several hospitals, Yangming Chiao Tung University, Taipei Veterans General Hospital, Taipei University of Nursing and Health, and other landmarks nearby. It is developed with the "smart health industry" as the main axis and is regarded by Taipei City as the next emerging industry development area in the city.

Ko Wen-je was criticized for bidding separately for three bases, T16, T17, and T18, in Taipei City, which were valued at more than NT$30 billion by outsiders during his tenure as mayor of Taipei.The total amount of the T17 and T18 bids was only 4.4 billion yuan, and there was no investment plan and the premium floor price was also lowered. It was also revealed that the only bidder was Shin Kong Life Insurance, which finally won the bid. The family of Wu Xinying was behind Shin Kong Life Insurance.

Taipei City Councilors from both the Blue and Green camps questioned that the Ko administration had failed to attract investment in the past, and the land rights in North Shike District had repeatedly failed to be tendered. Wu Hsin-ying was elected as a non-district representative of the People's Party in 2019. In 2021, the Ko administration split the more than 8 hectares of land that had been completed by the soft bridge section into three projects, T16, 17, and 18, but during the mayor's office meeting, Ko Wen-je decided to include T16 in the investment plan selection, but exempted T17 and T18 from the investment plan. On October 13, 2021, Shin Kong Life Insurance acquired the land rights of T17 and 18 for NT$4.4 billion.

Beishike has gone through three biddings from 2019 to 2021, but with the increasing value of land, the reserve price of the royalties for the three bases has been set lower and lower. The reserve price for the third bidding was even much lower than the first bidding, which was more than 500 million yuan less than the final price of 8.68 billion yuan in 2019.

▲The controversial T17 and T18 in Beitou Shilin Science Park were won by Shin Kong Life Insurance

Regarding the three major controversies of "separate bidding, exemption of investment plan, and reduction of royalties", Mayor Ko's administration said that after many failed bids, the Taipei City Government held several meetings with potential investors in order to smoothly develop the project. After discussions with consulting companies, they came up with the idea of ​​splitting the bidding. "Surface right cases" do not require investment plans. Only a few cases, such as T16, require review of investment plans during the bidding stage due to their large scale of development. All bidding or surface right cases have market supply and demand issues. All land owned by the city government has been appraised and is open to public bidding. However, if the manufacturer's evaluation does not meet the demand, the bid will not be sold even if the price is reduced several times.

In addition, the Beishiko case also led to other cases.Yuanta recently clarified that it did not attend the "potential investor interview meeting" held by Mayor Ko in 2020.This is inconsistent with the meeting minutes of Mayor Ko's administration.The outside world suspected that the city government secretly used Yuanta as a head, or that Yuanta did not tell the truth., now it has become a matter of everyone speaking their own language.

Regarding the Beishiko case, Taipei Mayor Chiang Wan-an, a member of the Kuomintang, emphasized that the city government will fully cooperate with the prosecutors and investigators in the investigation, hoping to clarify the facts and restore the truth as soon as possible. If any illegality is found, it will definitely be pursued according to the law. If there is no problem, of course the innocence will be restored.