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Official's financial disclosure
(China Daily)
Updated: 2010-04-14 08:36
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Recently a local official responded to calls for financial disclosure. His wealth surprised many people and ought to be investigated,says an article in the Beijing News. Excerpts:
Zhang Li, a local bureau chief in Hunan province, was the first to respond to calls for financial disclosure. Included in his list of property: five apartments, two cars, a large stock portfolio, and bank savings.
Zhang's disclosure was not voluntary; it came in response to media reports. Still, it shows in the impact of public demands for financial transparency.
Although apparently not a source of embarrassment to him, Zhang's wealth is troubling. It is obviously beyond the means of a salaried official.
The ultimate goal of financial disclosure is to prevent even the appearance of corruption. In the interest of justice, the authorities should investigate Zhang Li.
(China Daily 04/14/2010 page9)
