Court denies KMT access to funds NO PUBLIC BENEFIT: Despite the party’s claims, the Ill-gotten Party Assets Settlement Committee said that the scholarships have nothing to do with public welfare By Wen Yu-te / Staff reporter The Taipei High Administrative Court yesterday rejected the Chinese Nationalist Party’s (KMT) request to access NT$16.9 million (US$594,610) in frozen assets to pay the 2014 recipients of its Sun Yat-sen Scholarship. The scholarship scheme was created by the KMT in 1960 to provide financial aid to KMT members who passed an internal assessment to study abroad in pursuit of a master’s degree. Past recipients include former president and former KMT chairman Ma Ying-jeou (馬英九), People First Party Chairman James Soong (宋楚瑜), and KMT Chairman and Legislator Johnny Chiang (江啟臣).