Latest Breaking News On - Institute of revolutionary practice - Page 2 : comparemela.com

The Chinese Nationalist Party (KMT) illegally obtained land in Taipei that was formerly the site of the Institute of Revolutionary Practice, the Ill-gotten Party Assets Settlement Committee said yesterday, ordering the party to pay NT$3.2 billion (US$114.95 million) in compensation. From 1954 to 1974, the KMT-affiliated institute administered the land and building in Wenshan District (文山), which was known as the Chunghsing Estate (中興山莊), the committee said. The KMT’s income from membership fees from 1953 to June 1980 comprised only 1.83 percent of the institute’s income, while government subsidies made up 85.38 percent, the committee said. The KMT’s solution to “balance its budget”

T ai peiKao hsiungTainan municipalityTaipei city governmentHuang lu ching juChien jung fongYuanlih groupChinese nationalist partyDisciplinary committeeInstitute of revolutionary practiceParty assets settlement committeeTaipei timesManagement committeeJake chungRevolutionary practiceIll gotten party assets settlement committee