Taiwan Wealth Probe Shows Disdain for China-Style One-Party Rule
- Tsai looks to confiscate more than $500 million from KMT
- Party of Chiang Kai-shek says it’s a blow to democracy
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At the Palace, one of the most expensive residences in Taiwan’s capital, a uniformed attendant waits to greet visitors under an elaborate stone archway and swaying palm trees.
The plot of land, roughly the size of Rome’s Colosseum, housed the state-run broadcaster after Chiang Kai-shek’s Kuomintang fled the mainland in 1949 and established military rule that lasted until the 1980s. About a decade later, the party sold the plot to a private developer for about $300 million, outraging critics who said the proceeds should go to national coffers.