Black gold (politics)

Source: Wikipedia, the free encyclopedia.

Black gold (Chinese: ; pinyin: hēi jīn) is a term used in Taiwan to refer to political corruption, underworld politics and political violence.[1][2] The term refers to the obtaining of money (the "gold") through a dark, secretive, and corrupt method ("black", an adjective in Chinese that also means illegal or illicit).

The

Shanghai massacre of 1927, the KMT employed the Green Gang to exterminate suspected communists; the Green Gang also happened to be a major financial supporter of Chiang Kai-shek. The KMT's relationships with such organizations are believed to persist. KMT fled to Taiwan following the Chinese Civil War. As Minister of Justice from 1993 to 1996, former Taipei mayor and KMT Party Chairman Ma Ying-jeou
is credited with attempts to fight black gold corruption and bring KMT out of corruption, and his removal from office by the KMT was widely attributed to him being too effective at fighting black gold.

The

pan-blue coalition won 16 of 23 county and town offices and became the majority party at the local level. Chen was charged with corruption
after stepping down as president in 2008.

References

  1. ^ Xia, Yun (18 September 2017). "The White Wolf of Taiwan". The Diplomat. Retrieved 5 May 2022.
  2. ^ Bradsher, Keith (28 September 2006). "Protesters Fuel a Long-Shot Bid to Oust Taiwan's Leader". The New York Times. Retrieved 5 May 2022.

External links