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China to launch inquiry into Wen 'family wealth': Report

Published on Nov 5, 2012 3:13 PM
 
China's Premier Wen Jiabao arrives at Vientiane airport on Nov 4, 2012. China's ruling Communist Party has launched an inquiry into the alleged wealth of Mr Wen's family at his own request, a report said on Monday. -- PHOTO: REUTERS

HONG KONG(AFP) - China's ruling Communist Party has launched an inquiry into the alleged wealth of Premier Wen Jiabao's family at his own request, a report said on Monday.

Citing sources, Hong Kong's South China Morning Post (SCMP) said Mr Wen had written to the Politburo Standing Committee - the country's highest policy-making body, of which he is a member - formally asking for the probe.

It comes after the New York Times reported that Mr Wen's family had accumulated at least US$2.7 billion (S$3.3 billion) in assets in various sectors, according to an analysis of company and regulatory filings from 1992-2012.

The report on Mr Wen's letter and the inquiry is unusual. The communist party normally ensures that its internal affairs are covered by a strict veil of secrecy.

 
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