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China's chief auditor says 26.77b yuan embezzlement funds recovered

(Xinhua)
Updated: 2009-06-24 13:39

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China's chief auditor Liu Jiayi said Wednesday that embezzlement funds totaling more than 26.77 billion yuan ($3.9 billion), revealed in last year's auditing work, had been recovered or returned to former funding channels.

Liu Jiayi, head of China's National Audit Office, made the statement in a report submitted to the ninth session of the Standing Committee of the 11th National People's Congress (NPC), China's top legislature.

He said all departments and units had carefully overhauled problems found in last year's auditing work and had improved 158 relevant regulations.