Ma Ying-jeou Resigns on Indictment; Won’t Stop Running for President

Taiwan’s major and the opposition party leader Ma Ying-jeou announced his resignation from the post of Kuomingtang’s chairman after local prosecutors indicted him on changes of corruption. But he also claimed that he will still run for president. Below are news about the resignation and the running for president.

From Xinhuanet:

Taiwan’s major and the opposition party leader Ma Ying-jeou declared to resign from the post of Kuomintang’s chairman at 6:00 p.m. Tuesday after local prosecutors indicted him on charges of corruption.

Taiwan prosecutors said Ma diverted 11 million New Taiwan dollars (333,000 U.S. dollars) from Taipei’s special allowance funds to his private account when he was the mayor of Taipei.[Full Text]

From AFP:

Ma Ying-jeou stepped down as Taiwan opposition leader after being indicted for embezzlement Tuesday but defiantly announced he was running for president in a day of high political drama.[Full Text]

Analysis from Taipei Times: Ma Ying-jeou still the blues’ best choice: analysts

The outcome of the investigation into Chinese Nationalist Party (KMT) Chairman Ma Ying-jeou’s alleged misuse of his special mayoral allowance and the possible consequences if he were to be indicted have been the subject of speculation in political circles in recent months.[Full Text]

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