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Taiwanese City Moves Against Builder’s Holdings After Earthquake Taiwanese City Moves Against Builder’s Holdings After Earthquake
(about 20 hours later)
TAIPEI, Taiwan — The city government of Tainan in southwestern Taiwan announced Thursday night that it had identified at least 30 real estate holdings across the island belonging to the developer of an apartment complex that collapsed in an earthquake last Saturday, and had told local government agencies to monitor the holdings to prevent their sale. HONG KONG — The city government of Tainan in southwestern Taiwan announced Thursday night that it had identified at least 30 real estate holdings across the island belonging to the developer of an apartment complex that collapsed in an earthquake last Saturday, and had told local government agencies to monitor the holdings to prevent their sale.
Information on the holdings was being given to families affected by the collapse who might want to sue the developer. Rescue teams have pulled 58 bodies from the collapsed building, and an additional 52 people were missing and feared to be under the rubble. The quake claimed only two other lives elsewhere in the city. Information on the holdings was being given to families affected by the collapse who might want to sue the developer. As of Friday afternoon, rescue teams had pulled 93 bodies from the collapsed building, and an additional 29 people were missing and feared to be under the rubble. The quake claimed only two other lives elsewhere in the city.
The developer, Lin Minghui, and two of his business associates were arrested Monday night and charged with criminal business misconduct causing fatalities, a specific manslaughter charge under Taiwanese law. As of Thursday night, they had not made any comment or entered a plea.The developer, Lin Minghui, and two of his business associates were arrested Monday night and charged with criminal business misconduct causing fatalities, a specific manslaughter charge under Taiwanese law. As of Thursday night, they had not made any comment or entered a plea.