Report: Charity branch's accounting 'out of control'

SHANGHAI - Following a spate of scandals concerning charity organizations, the Wenzhou audit bureau has released a report describing the finance-management system of the local branch of the Red Cross Society of China as being "out of control".

The report notes that a cashier in the charity's Wenzhou branch embezzled 1.26 million yuan ($197,000) from 2005 to 2010.

The cashier, whose surname is Chen, is not a full-time employee of the Wenzhou branch of the Red Cross Society. Nor was she certified to be a cashier, said the report, which was released on Tuesday.