Ex-President Hipolito Mejia holds assets of RD$46.5 million, according to his declaration, an amount that is RD$26.8 million more than when he took office four years ago.
As reported in El Caribe, Mejia presented his sworn declaration to the National Treasury, which was then sent to the attorney general’s office. This procedure is in accordance with the law that requires all incoming and outgoing heads of state to declare their financial status.
The document submitted by Mejia indicates that the ex-President has RD$2.4 million in cash that is held in four bank accounts, including US funds equalling RD$287,460. In addition, Mejia acknowledged holding shares in nine companies whose collective value amounts to RD$780,300. As for non-liquid assets, the former President revealed real estate holdings worth RD$31,665,253, the most expensive of which are a 31-tarea property in Santiago worth RD$9.3 million, a country home in Jarabacoa he valued at RD$6.75 million and his residence in San Cristobal that he says is worth RD$4.25 million. Mejia furthermore declared two “jeepetas” worth RD$5.7 million and RD$2.6 million in furnishings and equipment. His statement included a liability of RD$4.5 million in the form of a loan owed to his son.