Ma Ying-jeou submitted his resignation from the post of KMT chairman on Tuesday after he was indicted on charges of corruption. Feb. 14 - Taiwan's main opposition party, the Kuomintang (KMT), said Wednesday the resignation of Ma Ying-jeou from the post of KMT chairman has taken effect, Xinhua reported.
The KMT had tried to persuade Ma to remain in the post but he was firm on his decision, Wu Den-yi, secretary-general of the KMT,was quoted as saying by Taiwan media.
The party will elect a new chairman in three months according to its regulations.
Ma Ying-jeou submitted his resignation on Tuesday after he was indicted on charges of corruption.
At a press conference held to announce his resignation, Ma defended himself against the charges and immediately declared for the fit time that he would run for the 2008 Taiwan leader election if selected KMT candidate.



