NEWS > EVERYONE ELSE > CHINESE PREMIER REJECTS CLAIMS HE IS WEALTHY PROBABLY BECAUSE HE DOESN’T WANT TO SHARE
CHINESE PREMIER REJECTS CLAIMS HE IS WEALTHY PROBABLY BECAUSE HE DOESN’T WANT TO SHARE
October 28 2012
Beijing, China – It’s a story as old as stories themselves. The corruption of powerful figures has become such a common tale that it is almost a cliché now, a story told in fiction and in reality over and over again almost to exhaustion.
Because of those tales, inevitably, it’s just assumed now that people in power will eventually succumb to corruption, that they will lead lives behind the spotlight that are in complete contrast to their public persona, something which appears to be affecting the Premier of China right now following a controversial report by the New York Times.
In that report, the Times claimed that Wen Jiabao and his family has amassed a huge fortune, billions of dollars, which they have hidden from the people of their nation.
While Wen has admitted to multiple business deals, and claimed that all of them are legal, he has denied that he and his family are worth nearly the type of money, $2.7 billion, the Times claims. It’s believed likely that those denials are tied, at least in part, to their desire to not share a single cent with anyone else.
“The so-called 'hidden riches' of Wen Jiabao's family members in The New York Times' report does not exist,” said Wen in a statement. “We will continue to make clarifications regarding other untrue reports by the New York Times, and reserve the right to hold it legally responsible.”
The Times has stood by its report either because it is true or because backing off would make them look foolish and that is something the paper can ill afford right now.
The report stated that the Wen family wealth is spread over a number of different investments across multiple family members, but no outsiders get a split.
“Obviously this is something Wen has a vested interested in suppressing but of course that is going to be more difficult given that it is a foreign paper. If a Chinese paper had made this claim they would simply kidnap their family or rip out their eyeballs or whatever it is they do nowadays but because they are dealing with a foreign entity it is something different,” said Scrape TV International analyst Gustav Hander. “As the head of the largest Communist state, even if he is on his way out, accumulating a massive fortune like that would be problematic for a whole host of reasons including probably having to share with everyone else, which would be like a buck for everyone in the country, like a month’s wages.”
It’s not clear, if that money does exist, how Wen will actually distribute it to the people he represents.
“Wen is on his way out and so he will need a bit of a retirement package but clearly
nearly three billion dollars is a little much for anyone, especially since everyone shares everything over there. I mean it’s not like he will ever want for anything if he had no money, though having a little folding money isn’t bad I guess,” continued Hander. “Hopefully he is able to keep at least a little of that cash. He has obviously worked very hard to accumulate that cash from various sources and while I’m sure most of it was just given to him, he does have a bit of an obligation to give back, or at least share a little of it, unless of course the Times is just lying about the whole thing which of course is what they would do if they were in China, just the opposite way.”
Chinese newspapers, in complete contrast, claim that Wen has no money at all, having given it all to the state he loves so much.
Emil Uliya, International Correspondent