An official audit on a trillion yuan of projects slated for affordable housing has found billions were misappropriated by companies and government authorities.
審計署對一萬億保障性安居工程資金進行了審計,結果發現有數十億資金遭到了企業和政府有關部門的違規使用。
The National Audit Office on August 17 released a report which named 120 such entities found misusing funds for low-income housing. The funds were found being used for loan repayments, unrelated investments and staffing expenses.
8月17日,國家審計署公布了一項報告,報告指出有120個項目單位違規使用了安居工程資金。資金用于償還貸款,投資理財以及工作人員支出。
In a review conducted January to March, government auditors found a total of 9.4 billion yuan was misused. The report found numerous oversight lapses in the processing of loan and subsidy documents, and in the vetting of individuals from low-income backgrounds. The auditor said authorities took possession of nearly 6,500 homes given to unqualified families and another 1,800 homes used for other purposes.
在進行審計的1月到3月期間,政府審計人員發現違規使用資金達94億。報告發現在貸款和補貼文件上出現監管漏洞,在對享受住房保證待遇的個人審查上不嚴格。審計員稱有關部門擁有將近6500處不符合家庭規定的住房,用作其他用途的房屋有1800處。
Local authorities were found to have improperly taxed companies a total of 520 million yuan.
地方有關部門違規向企業收取5.2億元稅費。
As of June 10, the report said authorities have recovered almost half, or 4.1 billion yuan, of misused funds.
截止到6月10日,報告稱已經追回將近一半資金,約為41億元。
For Caixin Online, this is Diana Bates.
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