Crackdown on 'small coffer' funds
CHINA'S anti-corruption chief, He Guoqiang, has urged an intensified crackdown on "small coffers" illegally held by Party and government officials as part of the country's anti-corruption efforts next year.
As of November, a total of 22,884 "small coffers," worth 10.16 billion yuan (US$1.49 billion), had been found since the campaign was launched in early June, said He, secretary of the Central Commission for Discipline Inspection of the Communist Party of China.
A total of 270 officials have been punished so far for illegally holding "small coffers" for personal use, and 81 had been prosecuted. He said the "small coffers" stimulate corruption.
As of November, a total of 22,884 "small coffers," worth 10.16 billion yuan (US$1.49 billion), had been found since the campaign was launched in early June, said He, secretary of the Central Commission for Discipline Inspection of the Communist Party of China.
A total of 270 officials have been punished so far for illegally holding "small coffers" for personal use, and 81 had been prosecuted. He said the "small coffers" stimulate corruption.
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