By Chen Yu-fu and William Hetherington / Staff reporter, with staff writerSince its establishment, the China Youth Corps (CYC) made about NT$600 million (US$19.1 million at the current exchange rate) from selling property, the Ill-gotten Party Assets Settlement Committee said yesterday. The corps reported selling or granting 34 plots of land and 28 buildings since it was established in 1952, the committee said. One property the corps sold was the former residence of former premier Lee Huan (李煥) on Siwei Road in Taipei’s Daan District (大安), it said. The corps began selling old properties and buying new ones after former corps president Jeanne Li (李鍾桂) took over the organization, the committee said. The committee said that its investigations into the corps’ property transactions would continue.

Source: Taipei Times June 09, 2019 15:56 UTC