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Chinese Official Denies Owning 80 Homes, 20 Cars, Xinhua Reports

A Chinese village official accused of accumulating personal assets of more than 2 billion yuan ($321 million) denied online reports that he had some 80 homes and 20 cars, the official Xinhua News Agency said.

“Among the eight properties that were made public online, five to six are mine,” Zhou Weisi said in an interview with Xinhua published yesterday. He acknowledged that he has more than 10 cars, including Porsche, BMW and Mercedes-Benz vehicles.