Tuesday, January 09, 2007

Corruption: China's auditors find official responsible for $625 million losses

China's auditors found government officials were responsible for economic losses of $625 million due to illegal or irregular administration last year.

Li Jinhua, auditor-general of the National Audit Office (CNAO) told the annual auditing work conference, that auditing agencies checked 34,000 officials and transferred 116 of them to disciplinary or judicial departments for punishment.

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