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July 3, 2015

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Military spending ‘abuses’

An investigation into military spending over the past 18 months has found “long-standing abuses,” including illegally held bank accounts, embezzlement, tax fraud and padded expenses, according to Xinhua news agency.

The investigation into spending “earnestly exposed the contradictions and long-standing abuses which existed,” Xinhua said.

It found that some units spent money on projects which had not been budgeted for, failed to pay expenses, spent too much on entertainment, siphoned off funds for personal use and other problems, Xinhua said, without giving a figure.

Money which has been misappropriated or misspent would have to be paid back, and those suspected of more serious offences would be prosecuted, it added.

In a separate statement, the defense ministry said it had issued rules covering the award of contracts to build military projects, saying the process must be simpler, more transparent and corruption-free.

Proper competition for contracts must be enforced, it said in a statement.




 

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