Granary embezzlers

It is beyond imagination more than 100 officials and staff are under investigation for allegedly embezzling public money after a probe into the Henan branch of the China Grain Reserve Corporation.

The probe was launched after the branch's head fled to the United States last year with money he'd embezzled.

The Henan branch of the grain reserve reported to the higher authorities that they had bought a certain amount of fresh grain to keep in reserve and sold the grain they had in storage. They then received subsidies from the State coffers. However, they neither bought nor sold any grain, and just pocketed the subsidies themselves. It was reported that the total amount of grain they handled was 1.4 billion kilograms, and the money they pocketed was more than 700 million yuan ($113.5 million).