Elections, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 02:52

22 millionaires run for Lithuanian parlt

BC, Vilnius, 11.09.2020.Print version
22 millionaires are running for Lithuania's parliament, with Ramunas Karbauskis, leader of the ruling Lithuanian Farmers and Greens Union, being the richest, followed by Antanas Guoga, representing the Labor Party, and Remigijus Lapinskas, leader of the Lithuanian Green Party, according to an analysis of candidates' asset and income declaration, carried out by the Central Electoral Commission, LETA/BNS writes.

Candidates' average asset value stands at almost 147,000 euros.


The LFGU also leads in terms of the total value of candidates' assets (around 45.2 mln euros), followed by the Labor Party (around 32.6 mln euros) and the conservative Homeland Union – Lithuanian Christian Democrats (around 20.8 mln euros).


The Lithuanian People's Party has the lowest total value of candidates' declared assets, standing at around 2.3 mln euros. It is followed by the Way of Courage party with some 3.6 mln euros, and the Union of Generational Solidarity-Joint Action for Lithuania with some 4.2 mln euros.


The HU-LCD has three millionaires on its candidate list, and the Labor Party, the Liberal Movement, the Social Democratic Party of Lithuania, the Social Democratic Labor Party of Lithuania, the LFGU, the Lithuanian Green Union and the party "Lithuania Belongs to Everyone" have two each.


The Electoral Action of Poles in Lithuania – Christian Families Alliance, the Freedom and Justice party, the Union of Generational Solidarity-Joint Action for Lithuania have one millionaire candidate each, and another two candidates with assets over 1 mln euros run for parliament as independents.


LFGU leader Karbauskis is the richest candidate with 24.3 mln euros in assets, valuables and cash, excluding lent and borrowed funds.


Guoga comes in second with 17.3 mln euros, followed by Lapinskas with 6.9 mln euros.


93 candidates have stated as having no assets at all, the CEC said.

Lithuanians will elect a new 141-seat parliament on October 11, with 70 lawmakers to be elected under political parties' lists and another 71 to be elected in single-member constituencies.

 






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