China Financial Daily

Wuhan audit of more than 100 million out of 10 funds over the issue involving occupation of state-owned assets
Yesterday, Wuhan City Twelfth Standing Committee 19th meeting, the city’s Board of Audit LIU Jin-ping to the General Assembly as “the year 2008 municipal budget implementation and other financial revenues and expenditures of the audit report”, when introduced last year, the city’s uncovered a total of more than 1.29 billion yuan of funds and problems of discipline violations, which have discipline inspection, judiciary and other relevant departments from the transfer of economic clues 7.

Multi-occupation and the transfer of cases involving state-owned assets

Jin-Ping Liu, said the audit found cases of clues are occupied and the transfer of large state-owned assets in order to reap illegal profits of the features, the main manifestations: an overstatement of house demolition demolition area, demolition compensation fraud; in construction projects and the implementation of the bidding system is not , the contract system. If Wuhan Rail Transit Line 2 a pipeline relocation project is not strictly enforce the bidding process, involving a contract amount of 13.1 million yuan and so on.

3 zones not timely allocation of 17.88 million surcharge for education

The audit found that the scope of last year’s super arrangements, the use of 6.208 million yuan surcharge for education, three areas are not surcharge for education and timely disbursement of about 17.88 million yuan. Arrears of pension insurance companies are still quite prominent in 2008 non-payment of pension insurance costs more than 340 million yuan. Part of the township finance for farmers to grow grain and other basic work to determine the area is not solid, resulting in 3.53 million yuan to subsidize capital has not timely distributed to farmers in the hands.

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