Economy

China's chief auditor says 94.12b yuan embezzled funds recovered

(Xinhua)
Updated: 2010-06-23 16:48
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BEIJING - China's audits last year revealed that funds embezzled from public finances totaling more than 94.116 billion yuan ($13.82 billion) had been recovered or returned, the national chief auditor Liu Jiayi said Wednesday.

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Liu, Auditor-General of China's National Audit Office (NAO), made the statement in a report submitted to the 15th session of the Standing Committee of the 11th National People's Congress (NPC), China's top legislature.

More than 790 people in connection to the cases had been investigated, Liu said.