Auditors find "small coffers" worth 414 mln yuan in central government units

10:48, June 28, 2011      

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Auditors found that a total of 82 government units had illegally kept 414 million yuan (63.7 million U.S. dollars) for unauthorized use by means such as misappropriating income or fabricating expenses, the country's chief auditor said Monday.

Liu Jiayi, head of the National Audit Office, made the statement in a report submitted to the 21th session of the Standing Committee of the 11th National People's Congress (NPC), the top legislature.

According to Liu, the money was mostly used in the form of bonuses and allowances.

In addition to the "small coffers," other financial violations included expanding the spending scope without approval, fabricating expenditure figures and illegal charges.

Liu said these violations, 80 percent of which occurred in inferior government departments, were largely due to slack supervision and management loopholes from incomplete reform.

Source: Xinhua
 
 
     
 
 
 
     
 
 
 
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