MPs invest in funds

MG
opublikowano: 2007-11-28 15:05

Warsaw (Puls Biznesu) – 35 percent of members of Sejm, the lower chamber of the Polish parliament, have invested in funds, stocks, life polices or bonds. Only 28 of 460 have shares. Today, the largest portfolio, worth PLN 450,000 (EUR 121,951), belongs to Andrzej Kania from Citizens’ Platform (PO). 

The biggest investors among MPs include also Stanislawa Alicja Przadka from LiD with PLN 341,098 worth of stock and Waclaw Andrzej Martyniuk from the same party with PLN 133,980. In the previous Sejm, as many as three MPs had stock worth over PLN 4m. In numbers, this parliament wins with 28 MPs owning stock against 26 previously. 13 of the investors are from PO, 8 from PiS (Law and Justice), 6 from LiD and one from PSL peasants’ party.

It turns out that MPs prefer funds to stock. Jerzy Wenderlich from LiD has record PLN 1.2m in stock funds.
“This is good news. Politicians show that banks are not the only way to invest your money”, Grzegorz Raupuk, Analizy Online analyst commented.

Prime Minister Donald Tusk has 80,000 in funds. The following funds are the most popular among MPs: Pioneer Pekao, Arka, PKO/Credit Suisse and ING.

(PLN 1 = EUR 0.271)