Embezzlement probe nets 95 people in Chinese government audit

01/17/2011 Source: Xinhua

China’s supreme auditor announced Monday that 95 people were arrested, prosecuted or sentenced last year for embezzling public funds in 2009.

The actions resulted from a National Audit Office investigation into the central budget implementation and other financial revenue and spending in 2009.

A total of 104 cases had been referred to disciplinary or judicial departments and about 1,103 people been dealt with by Communist Party of China or governmental disciplinary bodies by the end of last year, according to a report on the NAO website.

About 122.3 billion yuan (18.61 billion U.S. dollars) had been recovered or returned by the end of last year, the report said.

The office published 28 cases of embezzlement that had been tackled by the end of last year in another report on its website.

They included the case of Tang Ruoxin, former general manager of China Export & Credit Insurance Corporation, who misused 300 million yuan in 2002 and 2003, of which 200 million yuan was not recovered.

Tang was sentenced to 14 years in prison for bribery and abuse of authority in February last year.

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