$28 m misused in railway project

Audit reveals use of fake invoices and faulty bidding procedures

BEIJING - At least 187 million yuan ($28 million) has been misappropriated by individuals or companies involved in building the Beijing-Shanghai high-speed railway, the National Audit Office (NAO) said in a report released on Wednesday.

China's top auditor stopped short of saying where the money had gone, but said it has forwarded the related cases to disciplinary and judicial departments for further investigation.