China recovers $112 million in misused poverty relief funds
Beijing committed 86 billion yuan ($13.22 billion) to poverty alleviation in 2017 under the national programme, most of which is used for infrastructure projects, as well as subsidies for education and healthcare.
By: Reuters | Beijing | Published: December 30, 2017 1:41 pm
China’s government has pledged to wipe out poverty by 2020. (AP file photo)
Chinese authorities have recouped 730 million yuan ($112.20 million) in misappropriated funds as part of an investigation into the country’s national poverty-reduction scheme, the official Xinhua news agency reported on Saturday.
Nearly 450 people have been charged for offences relating to the misused funds in an inspection of 28 provinces, said Xinhua, citing the Ministry of Finance and the State Council Leading Group Office of Poverty Alleviation and Development. The report gave no details on how the funds were misused.
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