BIZCHINA> Top Biz News
Auditors find $8.3b misused in first 11 months
(Xinhua)
Updated: 2008-12-29 11:13

Related readings:
Auditors find $8.3b misused in first 11 months Chinese auditors find 117 cases of fund embezzlement in 2007
Auditors find $8.3b misused in first 11 months Auditors discover misused money
Auditors find $8.3b misused in first 11 months Auditors take leading role
Auditors find $8.3b misused in first 11 months Auditors uncover misuse of US$3.7 billion

China's auditing agencies have discovered more than 56.9 billion yuan ($8.3 billion) misused in the first 11 months this year, the country's chief auditor Liu Jiayi said Monday.

Auditors across the country initiated investigation in more than 104,000 enterprises and agencies in the period, Liu said at a national year-end auditing conference here.

As a result, about 837 cases and clues have been handed over to judicial or discipline departments, he added.


(For more biz stories, please visit Industries)