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Presidential Office Clarifies Media Reports on China Steel Corp Chairman Lin Wen-yuan's Stock Bonus
2005-10-15

The Department of Public Affairs of the Presidential Office makes the following correction to media reports that President Chen mentioned about China Steel Corp chairman Lin Wen-Yuan's disposing of the bonus during a recent meeting between the president and DPP leaders:

It was actually other participants in the meeting, rather than President Chen himself, who took the initiative to say that Lin Wen-yuan is not a greedy person and he has financed many of his Democratic Progressive Party fellows to help them raise campaign funds. They noted that, as for Lin's salary and stock bonus, it is in line with the current system of the company, not raised by Lin himself. The president said after the conversation that it was impossible that Lin has financed fellow DPP members with the bonus money as what Lin received is stock bonus and he has not cashed it.

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