President Tsai declares bank deposits of over NT$55 million

President Tsai Ing-wen (???) reported total bank deposits of NT$55.64 million (US$1.96 million) in November 2021, an increase of NT$2.80 million from a year earlier, according to the latest "Clean Politics Report" published Wednesday by the Control Yuan, Taiwan's highest watchdog body.

Tsai also declared seven plots of inherited land in Taipei and New Taipei and one inherited home in Taipei, in addition to the two plots of land she had declared in 2020, the report said.

In her 2020 declaration, she had also listed one building in Taipei and another New Taipei, as well as four plots of land in the Greater Taipei area, all of which she said were being held in trust.

According to a note on Tsai's property declaration, she and her siblings had inherited nine plots of land and a house from their mother, who passed away in March 2018.

The president's other private assets include stocks, gold bars and gold jewelry, which are still registered in her mother's name, as the asset distribution and inheritance process has not yet been completed, according to the note.

In the footnote space, Tsai said that as of Nov. 1, 2021, there was NT$111.029 million left over from the NT$245.1 million she and Vice President Lai Ching-te (???) had received as a government election subsidy, based on the number of votes they had received in the 2020 presidential election, which they won.

The account is being managed by a lawyer, and a portion of the funds was used for election-related expenses, while the rest has been donated to Tsai's Thinking Taiwan Foundation and to other charities, according to the note.

The report stated that Tsai also has NT$4.13 million worth of securities, a NT$1.1 million stake in Dongdao Corp., and a piece of land that she has leased to Dongdao for NT$90,000 per month, all of which were listed on her 2020 declaration.

Vice president, premier

Lai, meanwhile, declared that he and his wife Wu Mei-ju (???) had sold their home in Tainan's West Central District in January 2021 and bought a new property in the city's Anping District in March that year, according to the report. The vice president also declared ownership of one car, it said.

His reported savings totaled NT$1.52 million, as of last November, down by NT$4.92 million from a year earlier, while he had an outstanding mortgage of NT$16.81 million on his home property.

According to the report, Premier Su Tseng-chang (???) and his wife Chan Hsiu-ling (???) declared five plots of land and one home, in addition to the five other plots of land and three homes that had been listed in his 2020 declaration and are being held in trust.

They also declared joint savings of NT$15.44 million, a decrease of NT$10.86 million from the previous year, the report said.

The "Clean Politics Report" is published regularly, listing assets declared by lawmakers and high-ranking government officials.

Source: Focus Taiwan News Channel