Jackdaws
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NY Times: Wen Jiabao, the prime minister of China, who has staked a position as a populist - $2.7 billion in assets his family has amassed
China: Let's block NY Times
http://www.nytimes.com/2012/10/26/world/asia/china-blocks-web-access-to-new-york-times.html?hp&_r=0
And
The Wen Family Empire - Graphic - NYTimes.com
And
Finally the big one -
http://www.nytimes.com/2012/10/26/b...iabao-holds-a-hidden-fortune-in-china.html?hp
Extract: The mother of China’s prime minister was a schoolteacher in northern China. His father was ordered to tend pigs in one of Mao’s political campaigns. And during childhood, “my family was extremely poor,” the prime minister, Wen Jiabao, said in a speech last year.
But now 90, the prime minister’s mother, Yang Zhiyun, not only left poverty behind — she became outright rich, at least on paper, according to corporate and regulatory records. Just one investment in her name, in a large Chinese financial services company, had a value of $120 million five years ago, the records show.
The details of how Ms. Yang, a widow, accumulated such wealth are not known, or even if she was aware of the holdings in her name. But it happened after her son was elevated to China’s ruling elite, first in 1998 as vice prime minister and then five years later as prime minister.
Many relatives of Wen Jiabao, including his son, daughter, younger brother and brother-in-law, have become extraordinarily wealthy during his leadership, an investigation by The New York Times shows. A review of corporate and regulatory records indicates that the prime minister’s relatives, some of whom have a knack for aggressive deal-making, including his wife, have controlled assets worth at least $2.7 billion.
Extract ends
Take that, Robert Vadra. Hindi-Chini indeed bhai bhai - I am sure Vadra, Gadkari et al wish they could just block news websites.
And to my lovely Chinese friends on PDF - how are you going to defend this act of not only brazen corruption but also blocking news?
China: Let's block NY Times
http://www.nytimes.com/2012/10/26/world/asia/china-blocks-web-access-to-new-york-times.html?hp&_r=0
And
The Wen Family Empire - Graphic - NYTimes.com
And
Finally the big one -
http://www.nytimes.com/2012/10/26/b...iabao-holds-a-hidden-fortune-in-china.html?hp
Extract: The mother of China’s prime minister was a schoolteacher in northern China. His father was ordered to tend pigs in one of Mao’s political campaigns. And during childhood, “my family was extremely poor,” the prime minister, Wen Jiabao, said in a speech last year.
But now 90, the prime minister’s mother, Yang Zhiyun, not only left poverty behind — she became outright rich, at least on paper, according to corporate and regulatory records. Just one investment in her name, in a large Chinese financial services company, had a value of $120 million five years ago, the records show.
The details of how Ms. Yang, a widow, accumulated such wealth are not known, or even if she was aware of the holdings in her name. But it happened after her son was elevated to China’s ruling elite, first in 1998 as vice prime minister and then five years later as prime minister.
Many relatives of Wen Jiabao, including his son, daughter, younger brother and brother-in-law, have become extraordinarily wealthy during his leadership, an investigation by The New York Times shows. A review of corporate and regulatory records indicates that the prime minister’s relatives, some of whom have a knack for aggressive deal-making, including his wife, have controlled assets worth at least $2.7 billion.
Extract ends
Take that, Robert Vadra. Hindi-Chini indeed bhai bhai - I am sure Vadra, Gadkari et al wish they could just block news websites.
And to my lovely Chinese friends on PDF - how are you going to defend this act of not only brazen corruption but also blocking news?