The story appears on

Page A8

July 3, 2015

GET this page in PDF

Free for subscribers

View shopping cart

Related News

HomeNation

Military spending 鈥榓buses鈥

An investigation into military spending over the past 18 months has found 鈥渓ong-standing abuses,鈥 including illegally held bank accounts, embezzlement, tax fraud and padded expenses, according to Xinhua news agency.

The investigation into spending 鈥渆arnestly exposed the contradictions and long-standing abuses which existed,鈥 Xinhua said.

It found that some units spent money on projects which had not been budgeted for, failed to pay expenses, spent too much on entertainment, siphoned off funds for personal use and other problems, Xinhua said, without giving a figure.

Money which has been misappropriated or misspent would have to be paid back, and those suspected of more serious offences would be prosecuted, it added.

In a separate statement, the defense ministry said it had issued rules covering the award of contracts to build military projects, saying the process must be simpler, more transparent and corruption-free.

Proper competition for contracts must be enforced, it said in a statement.


 

Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

娌叕缃戝畨澶 31010602000204鍙

Email this to your friend