Times Power Legislator Chen Jiaohua accused Zhong Dongjin of borrowing 132 million yuan from the cooperative treasury with the land around the Zhuolan gravel field as an over-loan.

(Provided by Chen Jiaohua's office)

[Reporter Huang Jingyu/Taipei Report] Controversy continues for Zhong Dongjin, a non-party candidate for Miaoli county magistrate. Chen Jiaohua, a legislator of Times Power, held a press conference today, accusing Zhong Dongjin of using the land around the Zhuolan gravel field to borrow 132 million from the cooperative treasury. Most of the jointly guaranteed land was illegally used, and many pieces of state-owned land were stolen, which has violated the "Equator Principles" signed by the cooperative treasury.

Chen Jiaohua pointed out that Zhong Dongjin has 27 pieces of land around the Tongri sand and gravel field in the Zhuolan water plant section of Miaoli, with a total area of ​​5.81 hectares. Tongri Industrial has loaned 132 million yuan to the cooperative treasury. Dongjin holds 9 parcels of land with a total area of ​​3.4 hectares, accounting for 59.3% of the total land.

In November 1996, Zhong Dongjin and others borrowed from the cooperative treasury. After examining the land area jointly guaranteed and the announced land price, the total amount was only about 107.5 million yuan, but Zhong Dongjin and others overloaned to 132 million yuan.

Chen Jiaohua questioned that ordinary people can only get 50% to 70% of the land value in land loans. What kind of privileges and relationships can allow the cooperative treasury to lend to Zhong Dongjin Group, far exceeding the announced land price.

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Chen Jiaohua said that the cooperative treasury signed the "Equator Principles" at the end of March this year, but now it is revealed that the lenders of the cooperative treasury have illegally used farmland and built illegal buildings, which has violated the "environmental and social risks of project financing" in the Equator Principles Therefore, she asked the AFT and the cooperative treasury to re-examine the legitimacy and rationality of this land loan, as well as whether there is any illegal over-borrowing problem.

Chen Jiaohua criticized that the cooperative treasury, as one of the public stock banks, over-loaned to the illegal sand and gravel field, which is like using some people's tax money to operate the illegal sand and gravel field. .

An official of the Ministry of Justice who attended the press conference pointed out that he believes that if there is any illegality in the internal investigation of the cooperative treasury, it will be transferred to the prosecutor for investigation. If other relevant units transfer materials to the investigation and investigation, the inspection and investigation unit will follow the statutory powers and conduct investigations according to the law. He will not express his position on individual cases for the time being.