President declares savings of over NT$50 million

Taipei, President Tsai Ing-wen (???) reported total savings of just over NT$52 million (US$1.78 million) as part of her assets, according to the latest "Clean Politics Report" published by the Control Yuan on Friday.

Tsai has total savings of NT$52.18 million, which is NT$2.9 million more than she reported in October 2016, according to the Control Yuan, the branch of Taiwan's government that audits and reviews the behavior of public officials and agencies.

It periodically makes public the assets of the country's high-level officials.

Under her name, Tsai has securities worth NT$4.13 million, a NT$1.1 million investment in Dongdao Corp, and a lease to the company for land on which she receives NT$90,000 per month, all of which showed no change from the report from 2016.

Also unchanged from the previous report are four plots of land she owns -- two in Taipei's Songshan District, one in Da'an District, and the other in New Taipei's Yonghe District -- and one house each in Da'an District and Yonghe District.

She has outstanding mortgages totaling NT$8.93 million, the Clean Politics report said.

Meanwhile, Vice President Chen Chien-jen (???) declared four plots of land and two houses, as well as joint savings of NT$5.65 million with his wife Luo Feng-ping (???).

They also have securities worth NT$13.20 million, down from NT$14.95 million in 2016, another NT$158,570 in China Steel Corp. stock entrusted to a wealth management company, and 10 insurance policies.

The Control Yuan also reported the assets of the heads of four cities and counties.

Taichung Mayor Lin Chia-lung (???) and his wife reported NT$127.65 million in savings, and Hualien County Magistrate Fu Kun-chi (???) and his wife had NT$4.3 million in savings.

Kaohsiung Mayor Chen Chu (??) reported NT$20.84 million in savings, and Hsinchu County Magistrate Chiu Ching-chun (???) reported NT$1.36 million in savings.

Control Yuan President Chang Po-ya (???) disclosed savings with her husband of NT$6.92 million, as well as 13 plots of land and the five houses she manages and the 18 plots of land and six houses she has entrusted to a wealth management company.

Source: Focus Taiwan News Channel