China communist party to probe Wen family wealth - SCMP

HONG KONG Mon Nov 5, 2012 8:25am IST

China's Premier Wen Jiabao waves during the European Union-China summit at the Egmont Palace in Brussels September 20, 2012. REUTERS/Laurent Dubrule/Files

China's Premier Wen Jiabao waves during the European Union-China summit at the Egmont Palace in Brussels September 20, 2012.

Credit: Reuters/Laurent Dubrule/Files

Related Topics

HONG KONG (Reuters) - China's ruling Communist Party has launched an internal inquiry into allegations made by The New York Times that the family of Premier Wen Jiabao accumulated at least $2.7 billion in "hidden riches", the South China Morning Post said on Monday.

Wen himself asked for the inquiry in a letter to the Politburo Standing Committee - the party's top decision-making body of which he is also a member - in an apparent move to clear his name, the Hong Kong daily said, citing unnamed sources.

Lawyers for the Wen family have rejected The New York Times' October 26 report, which says corporate and regulatory records show Wen's mother, siblings and children amassed most of their wealth since Wen became Vice Premier in 1998.

"The Standing Committee had agreed to his (Wen's) request," the South China Morning Post said, quoting the sources.

It cited some analysts as saying that Wen's request for a probe showed the premier was keen to use it as a chance to push forward a long-stalled "sunshine law", which would require a public declaration of family assets by senior leaders.

However, Professor He Weifang, a law expert at Peking University, told the Post that he doubted the party's senior leadership would go that far.

"Even if Wen wants to disclose his assets, I don't think other senior leaders, who may also have 'hidden wealth' of their own, will allow him to go ahead, considering the explosive social repercussions," He said.

(Writing by Mark Bendeich; Editing by Terril Jones and Michael Perry)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Ebola Outbreak

REUTERS SHOWCASE

Neclear Restart

Neclear Restart

Japan's Sendai nuclear restart in final stage: local governor.  Full Article 

Fight Unites

Fight Unites

Kurds' battle for Kobani unites a people divided by borders.  Full Article 

Railway Revamp

Railway Revamp

China to spend at least $33 bln on new railway lines.  Full Article 

Controversial Remark

Controversial Remark

Thousands denounce HSBC board member's likening of Hong Kong people to freed slaves.  Full Article 

Apple's Cook signals front line of new gay rights battle

Cook Speaks Up

Apple's Cook signals front line of new gay rights battle.  Full Article 

Gas Deal

Gas Deal

Ukraine, Russia, EU agree to natural gas supply deal.  Full Article 

Jerusalem Tensions

Jerusalem Tensions

Kerry urges restraint, expresses worry over tensions in Jerusalem.  Full Article 

Myanmar Roundtable

Myanmar Roundtable

Obama urges progress in Myanmar ahead of rare roundtable.  Full Article 

Active Volcano

Active Volcano

National Guard arrives in Hawaii town threatened by lava.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage