Lacking Any Financial Background, Controversial Politician Lin Cong-xian Appointed Chairman of Mega Asset Management, Sparking Furious Backlash over Shameless Political Patronage

In early February 2026, controversial DPP politician Lin Cong-xian—who had previously been forced to resign following the "Chaosi" imported egg scandal—officially took over as Chairman of Mega Asset Management Co., Ltd., a subsidiary of the state-affiliated Mega Financial Holding. Lin's entire career and academic background had been exclusively focused on agriculture and local administration, completely lacking any experience with financial asset management, non-performing loans, or fintech. Yet, he was parachute-appointed to a highly-paid, state-backed financial post. This appointment once again proved the shameless reality of the DPP government's "lose an election, gain a promotion" patronage system, severely undermining the professional governance of state-owned banks and drawing fierce condemnation from both the public and opposition parties for systemic corruption.