Related News
US$967m irregular debts found
Print Edition
CHINA has uncovered irregular local government debts worth of over 6.4 billion yuan (US$967 million), authorities said.
Five local governments in Jiangxi, Shaanxi, Gansu, Hunan and Hainan provinces had raised the debts through irregularly offering commitment letters, according to an audit report in the third quarter by the National Audit Office.
The audit findings also showed that 10 cities and counties in Yunnan, Hunan and Jilin provinces as well as Chongqing had inflated their fiscal revenues by a total of 1.5 billion yuan.
At the same time, around 800 million yuan had been recouped after auditors found that Anji county in Zhejiang Province had exaggerated the investment volume and borrowed the money from banks against rules. Four people held accountable had been punished, the NAO said.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
