NEWSGD.COM
Home | About Us | Contact Us | Site Map | Chinese
News | Biz | Pearl River Delta | Enjoy Life | Culture | Travelling | Pics | Cities & Towns | Gov Info | Specials
Current Home > News Brief > Guangdong
2.18b yuan public funds misused
Latest Updated by 2006-01-25 15:10:58
Related News
Shenzhen Bay bridge linking SZ, HK jointed
Shenzhen to build more universities
[Shenzhen] Fewer smoggy days recorded
Shenzhen is world's 4th-busiest port
Shenzhen to build opera house, modern arts center
Guangdong News
Language institutions learn how to compete
First Guangzhou-Taiwan charter flight takes off
2.18b yuan public funds misused

A total of 2.18 billion yuan (US$272 million) in misused public funds was uncovered during the 2005 auditing of government spending and accounts of State-owned enterprises, Shenzhen's audit bureau said.

Minor irregularities were also discovered in the spending of 14 billion yuan last year, the city's top auditors told a meeting Monday. They also said many government-funded projects did not invite public bidding, leading to suspicions of under-the-table deals.

However, the bureau did not provide any details of the wrongdoings.

This followed reports last week that 16 government officials have been punished for financial irregularities exposed in the 2004 audit. More than 1.5 billion yuan of budget expenditure for 2004 was found to be misused or could not be clearly explained.

Tan Guoxiang, vice secretary of the municipal committee of the CPC, told the Monday meeting that auditing results will be included in government officials' performance reviews, which can be used to decide whether an official is to be promoted or demoted.

The city's auditors said they would focus on checking the account books of the State-owned enterprises this year.

Editor: Yan

By: Source: Szdaily web edition
Previous:  First Guangzhou-Taiwan charter flight takes off  Next:[Shenzhen] More buses for checkpoints


World's Largest Lit Image For Chinese Lunar New Year


Lunar New Year Flower market in Guangzhou under decoration


[Group Photo]The New Yuan Ming Palace in Zhuhai


SZ, HK link up new passage


Chinese flavors at Golden Globe
This site contains material from other media for content enrichment purpose only.
The Southcn.com website do not endorse such content and do not bear the joint responsibility of their copyright infringement.
The views expressed in written material posted to the bulletin boards of Southcn.com are those of the authors and/or publishers. The Southcn.com website does not endorse information products posted by organizations and individuals here. The originators of these information products are solely responsible for their content.
For copyright infringement issues, you shall contact Southcn.com within thirty (30) days. Email: falv@southcn.com
If you find any error in this page, please drag your mouse to mark the text with error, then press "CTRL" and "ENTER", to inform us. Thanks for your help!
Home  |  About Us  |   Contact Us  |  Site Map  |  Chinese
©2005 WWW.NEWSGD.COM. All rights reserved.registered number 020074 Terms of Use | Advertise | ICP Certificate No.B2-20050252
Guangdong Gov Link
Guangdong Gov Brief
State Structure
Guangdong in Brief
Laws & Regulations
Exchange Rate
Guangdong Guide
   
Museum Museum
University University
Eat Eat
Shopping Duting
Night Life Night Life
Weather Weather
Phone No. Phone Num
Consulate Consulate
Airport Airport
Travel Tips Tours Tips