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Government and Policy

Audit finds 200b misused by gov't departments

By Zhao Chunzhe (chinadaily.com.cn)
Updated: 2009-12-28 17:40
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China's National Audit Office (NAO) audited 99,000 governmental departments and relevant institutions between January and November.

According to an announcement posted on the NAO's website, the audits found a total of 234 billion yuan ($34.2 billion) misused, and a further 16.3 billion ($2.38 billion) wasted.