The New York Times
September 24, 2004

Dominican Retires Rich

By THE NEW YORK TIMES
 
ANTO DOMINGO, Dominican Republic, Sept. 23 - Former president Hipólito Mejía left office a millionaire even as most of his countrymen saw deepening poverty. While earning a presidential salary equivalent to $2,400 a month, Mr. Mejía, a former agronomist, raised his assets to 46.5 million pesos, or $1.26 million at the current exchange rate, from 19.7 million pesos in 2000, a declaration of wealth made public on Thursday said. Defeated for re-election in May, he left office last month. Many in his Caribbean nation of nine million fell into poverty or lost jobs after a major bank collapsed in 2003.