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Politics & Law

China: Wen Jiabao calls for party probe into ‘hidden fortune’


Wen Jiabao

SCMP reports: “Premier requests top-level inquiry into claims of US$2.7b assets and is reported to be pushing for long-overdue ‘sunshine law‘ to be put into effect

“The communist party leadership has launched a probe into the alleged family wealth of Wen Jiabao at the premier’s request, according to sources.

“In a letter submitted to the Politburo Standing Committee, the party’s top decision-making body of which the premier is also a member, Wen asked for a formal inquiry into claims made by The New York Times.”

“According to the sources, several conservative party elders known to dislike the premier’s more liberal stance have urged him to provide detailed explanations on all the major allegations in the Times report, especially on the Ping An holdings.

“Businesswoman Duan Weihong, whose company Taihong was described by the Times as the investment vehicle for the Wen family, told the newspaper she used the names of Wen’s relatives to register the ownership of the Ping An shares.

“The party elders argued that this process, which would require registering their official ID numbers and obtaining their signatures, raised immediate questions about how Duan could obtain such personal details without consent from the Wen family.

“Wen’s wife and his son have been plagued by corruption allegations for years.

“But the family issued a statement, through two lawyers, for the first time on October 27, hitting back at the Times allegations about their ‘hidden riches’ and threatening legal action.

“It is unclear whether the family will publish further clarifications or go to the courts.”

“According to their reports, Wen had seized the opportunity to demand that a long-overdue ‘sunshine law’ – which would require a public declaration of family assets by senior leaders – be finally put into effect.

“He also said he would be happy to make public his family’s assets.

“This would appear to be more than just an attempt by the image-conscious outgoing premier to defend his name, analysts say.”

Source: SCMP “Premier Wen Jiabao calls for party probe into claims of family’s ‘hidden fortune'”
 
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About chankaiyee2

Author of the book "Tiananmen's Tremendous Achievements" about how with the help of Tiananmen Protests, talented scholars with moral integrity seized power in the Party and state and brought prosperity to China. The second edition of the book will be published within a few days to mark the 25th anniversary of Tiananmen Protests All the parts in the first edition remain in the second edition with a few changes due to information available later and better understanding. There are also some changes for improvements of style. The new parts are Chapters 12-19 on events in China after the first edition was published: The fierce power struggle for succession between reformists and conservatives; Xi Jinping winning all elders’ support during his mysterious disappearance for 2 weeks in early September, 2012; and Xi Jinping Cyclone. Chan Kai Yee's new book: SPACE ERA STRATEGY: The Way China Beats The US An eye-opening book that tells the truth how the US is losing to China. The US is losing as it adopts the outdated strategy of Air-Sea Battle while China adopts the space era strategy to pursue integrated space and air capabilities: It is losing due to its diplomacy that has given rise to Russian-Chinese alliance. US outdated strategy has enabled China to catch up and surpass the US in key weapons: Hypersonic weapons (HGV) that Pentagon regards as the weapon that will dominate the world in the future. Aerospaceplane in China’s development of space-air bomber that can engage enemy anywhere in the world within an hour and destroy an entire aircraft carrier battle group within minutes. Anti-satellite (ASAT) weapons, anti-ASAT weapons, stealth aircrafts, drones, AEW&C, etc. The book gives detailed descriptions of China’s weapon development based on information mainly from Chinese sources that the author monitors closely. U.S. Must Not Be Beaten by China! China is not a democracy. Its political system cannot prevent the emergence of a despotic leader or stop such a leader when he begins to bring disasters to people. A few decades ago, Mao Zedong, the worst tyrant in world history did emerge and bring disasters to Chinese people. He wanted to fight a nuclear war to replace capitalism with communism but could not bring nuclear holocaust to world people as China was too weak and poor at that time. If a despot like Mao Zedong emerges when China has surpassed the US in military strength, world people will suffer the misery experienced by Chinese people in Mao era. China surpassing the US in GDP is not something to worry about as China has the heavy burden to satisfy its huge population, but China surpassing the US in military strength will be world people’s greatest concern if China remains an autocracy. US people are of much better quality than Chinese people. What they lack is a wise leader to adopt the correct strategy and diplomacy and the creative ways to use its resources in developing its military capabilities. I hope that with the emergence of a great leader, the US can put an end to its decline and remain number one in the world. China, US, space era strategy, air-sea battle, space-air bomber, arms race, weapon development, chan kai yee

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  1. Pingback: China’s Wen Jiabao determined to bow out fighting « China Daily Mail - November 11, 2012

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