From Businessweek:
Auditors have found Chinese officials stole or misused $1.9 billion in pension funds and other government money, a state news agency quoted China’s chief auditor as saying Wednesday.
Cases uncovered in the latest investigations stretched back to before 2000, Auditor General Li Jinhua said in a report to China’s legislature, according to the Xinhua News Agency.
The misused or stolen money included $930 million in pension and social welfare funds, Xinhua cited Li as saying. It gave no details of who was accused of stealing money or whether it was recovered. [Full Text]
Here is a list of the amounts embezzled (from the Auditor General’s report to the legislature, translated by CDT):
State Tobacco Monopoly Administration, Ministry of Education, and 17 other departments: 19 billion yuan
Ninety-two subsidiaries under the National Development and Reform Commission, Ministry of Culture, and 23 other departments: 2.76 billion yuan
Fifty subsidiaries under the China Academy of Science, Ministry of Water Resources, and 11 other departments: 2.28 billion yuan
Five subsidiaries under the General Administration of Civil Aviation, Ministry of Information Industry, and two other departments: 1.74 billion yuan
Office of South-to-North Water Diversion, China Customs, and 31 other departments: 859 million yuan
China Federation of Supply and Marketing Cooperatives, General Administration of Press and Publication, and 13 other departments: 394 million yuan
Sixteen subsidiaries under Ministry of Agriculture, State-owned Assets Supervision and Administration Commission, and 9 other departments: 249 million yuan
Ministry of Health, State Information Center, and 10 other departments: 185 million yuan
See the whole Auditor General’s report to the legislature from Sina.com.cn in Chinese. See also a People’s Daily report on the embezzled social security funds, which includes the case of former Shanghai Party secretary Chen Liangyu.
