The Chinese Nationalist Party (KMT) has laundered some of its ill-gotten party assets by transferring the ownership of a party-run machinery corporation to two private companies, Democratic Progressive Party (DPP) Legislator Lin Chun-hsien (林俊憲) said yesterday.

Lin’s allegation was backed by Liu Chao-yi (劉昭毅), son of former KMT investment boss Liu Tai-ying (劉泰英).