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PFP rejects reports of Soong accepting bribes

The People First Party (PFP) yesterday denied reports that its chairman, James Soong (宋楚瑜), allegedly received kickbacks from a 1991 deal to purchase six Lafayette-class frigates and said that it would seek legal action against anyone who continues to spread such false reports. Soong, and others, was listed in the “Suisse Secrets” investigation, under the Organized Crime and Corruption Reporting Project, and was shown to have, at one point, a maximum balance of 13,677,418 Swiss francs (US$14,884,177 at the current exchange rate) in a Credit Suisse account, which was opened in 1993 and closed in 2010. The description of the account reads:

《TAIPEI TIMES》 PFP rejects reports of Soong accepting bribes - 焦點

LAFAYETTE SCANDAL: Taipei Deputy Mayor Vivian Huang, a PFP member, said she had no knowledge of the incident, as she was only a college senior at the timeBy Jake Chung / Staff writer, with CNA

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