The analysis of the latest property statements, published on the authoritative website of the Polish Sejm, sheds fresh light on the financial situation of Polish parliamentarians. It turns out that many of them are struggling with immense commitments, reaching millions of zlotys. Although debt is simply a widespread phenomenon, the scale of any commitments may rise questions about the financial stableness of legal persons. Data show that Members' debts are not only mortgages, but besides corporate loans, advanced limits on credit cards, and even immense guarantees on another people's liabilities. There is 1 politician in this lewd ranking who declassifies the others with his obligations. His name may be rather a surprise to many.
The work to make declarations of assets is intended to guarantee transparency of public life and to enable citizens to control the finances of persons with key functions in the country. These papers supply detailed information not only about earnings and properties held but besides about the full degree of debt. This allows voters to measure whether their representatives manage their private budget in a liable manner. Let us look at who in the Polish Sejm has the top reasons for financial worries.
Financial transparency in politics. Why must Members disclose their debts?
Polish Members, as well as ministers, local governments, judges or prosecutors, are required to make public statements annually. This is simply a fundamental tool to guarantee transparency and prevent corruption. These papers shall be public and published, inter alia, on the Sejm's website., which allows all citizen to see the financial situation of the power holders.
According to the regulations, the message must contain details not only of income, savings, properties or vehicles owned. The financial commitments section is besides a key element. Members must disclose in it all loans (hypothetic, consumer, corporate), loans and even credit card or debit limits. Moreover, this work besides applies to guarantees for loans and loans from another persons, which is crucial in the context of possible future burdens.
The aim of these regulations is to build public confidence. Financial transparency makes it possible to verify whether policies fall into a debt spiral that could make them susceptible to external pressures or lead to conflicts of interest. This allows the public to measure whether the individual liable for managing the state budget can effectively manage its own finances.
The liabilities were included in hundreds of thousands. Who opens the debt list?
The analysis of property statements carried out by “Fact” journalists shows that many parliamentarians pay off crucial commitments. Even those who are not at the top of the list have debts exceeding the value of many apartments. Among politicians with lower but inactive awesome debt, there are representatives of the Civic Coalition and the Polish People's Party.
Summary opens Margaret German of the civilian Coalition. According to her statement, she pays off 2 mortgage loans, whose full outstanding value is almost PLN 770 thousand. An interesting fact in her paper is the mention of 11 private loans granted to her husband, for a full amount exceeding PLN 272,000, which shows the complexity of household finances.
Right behind her. Ursula Nowogórska from PSL-Third Road. The MP is co-responsible for a powerful investment loan, enlisted in 2015 for her husband's company. The first amount of the undertaking was PLN 4 million. According to the statement, about PLN 1.1 million is now outstanding. This shows how the economical activity of the spouse can affect the financial situation of the policy.
When debts exceed a million. Hoarding and Wipler with major commitments
The threshold of a million PLN debt already exceeds respective well-known politicians from various groups. This group included the talker of the Sejm and leading representatives of the Confederacy. Their commitments consist of many different financial products.
Michał Połuboczek from the Confederation declared debt exceeding PLN 1.48 million. This amount consists of a housing loan, a company improvement debt and 4 another liabilities, including advanced limits on credit cards. specified diversification of debts shows the active usage of different forms of financing.
Significant commitments besides have Speaker of the Sejm Simon Holovnia. Poland leader 2050 declared full debt exceeding PLN 2 million. The main component is simply a mortgage debt in Santander Bank Polska for nearly PLN 1.45 million. There is besides a second debt in mBank (more than PLN 546,000), debt on credit cards and a debt from the Social Fund of the Chancellery of the Sejm.
High in comparison besides ranks Przemysław Wipler from the Confederationwhose debt reaches PLN 2 million. In his message there are 3 mortgages. Interestingly, the paper contains any inaccuracies, as it twice entered the same car (Audi Q8). Wipler besides performs as a creditor – he loaned to actor Tomasz Karolak.
The evidence holder leaves the remainder behind. Who is the most indebted MP?
At the top of the list of the most indebted parliamentarians is simply a politician whose commitments, especially possible ones, make him dizzy. Talk about Robert Dowhan from the civilian Coalition. His financial situation is highly complex and shows how large the financial hazard can be on the shoulders of a public person.
In his message of wealth, Mr Ko showed direct debt of PLN 2.4 million. It consists mainly of 2 housing loans. However, it is not that amount that makes him an absolute evidence player. Truly gigantic sums are hidden under the “guarantees”. Robert Dowhan provided 3 loans at Santander Bank Polska for a full astronomical amount over PLN 23 million. If that's not enough, he additionally provided a mortgage of PLN 6 million.
Total gives it potential liabilities exceeding PLN 29 million, adding his individual debts. The warrant means that if the chief borrower ceases to repay his debt, the bank may require repayment from the guarantor. It's a immense hazard that can materialize at any time as a real debt. This puts Robert Dowhan in an absolutely unique position erstwhile it comes to the scale of financial burdens in the Polish parliament.
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The debts of Polish MPs have been revealed. The evidence holder has liabilities for over PLN 25 million!
