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Deng’s Son Denies Financial Charges

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From Reuters

The disabled son of China’s senior leader Deng Xiaoping denied Wednesday that he had money in foreign bank accounts or that his welfare fund for handicapped people had been embroiled in a financial scandal.

Deng Pufang, 45, who has been confined to a wheelchair since radical Red Guards threw him from a window in 1968, told a press conference that he founded Kang Hua, an industrial company, in 1984 but left its management three years later.

Kang Hua was at the center of a financial scandal last year when officials alleged that it had abused tax-exemption privileges granted by the state because of its donations to the younger Deng’s welfare fund.

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