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President's bank deposits decrease

President's bank deposits decrease

Taipei, May 28 (CNA) President Ma Ying-jeou's bank deposits have decreased by about NT$900,000 (US$28,125) over the past year, according to a special report on public functionaries' assets released Friday.
The Control Yuan, the top monitor of government integrity, reported that the president had NT$246,571 in cash, up from NT$134,246 last May, but that his bank deposits had decreased from NT$66.88 million to NT$65.98 million.
Ma also declared owning marketable securities worth NT$242,286 in the latest report, which also showed the first couple's newly declared assets of NT$4.91 million in insurance policies and dividends.
The Control Yuan publication on property or assets declared by public functionaries, recently renamed the "Clean Politics Report, " had only been published a few times a year in the past, but will now be issued once a month.
Presidential Office spokesman Lo Chih-chiang said Ma's decreased bank deposits were mainly used to finance living expenses and make donations to charity.
There were few significant changes in Vice President Vincent Siew's assets, with his securities increasing to NT$3.78 million from NT$2.89 million. Siew's wife Chu Chu-hsien also declared NT$9.4 million in life insurance policies.
Premier Wu Den-yih declared ownership of two plots of land and one house. He declared bank deposits of NT$18.7 million, NT$5.42 million less than in November 2008 when he was a lawmaker. Wu's wife declared NT$10.99 million in life insurance policies.
Former Vice Premier Eric Liluan Chu, who stepped down as vice premier earlier this month in preparation for running in the Xinbei City mayoral election later this year, declared ownership of NT$25.82 million in bank deposits and NT$60.09 million in securities.
Chu has also put 10 plots of land, two buildings and securities worth NT$2.85 million into trust, according to the latest Control Yuan report.
(By Wen Kuei-hsiang and Sofia Wu)




Updated : 2021-02-26 13:15 GMT+08:00