Chinese military tightens financial management
Updated: 2015-07-02 16:24
(Xinhua)
|
|||||||||
BEIJING - The People's Liberation Army (PLA) has promised "financial discipline" after an inspection campaign across all of its financial departments uncovered irregularities.
According to a circular released on Thursday, the ongoing campaign, which started in February, focused on the management of budgets, accounts, expenditure, balances, extra-budgetary funds and the funding of official receptions.
The irregularities included "randomly-adjusted budgets, embezzlement of public funds, unapproved bank accounts, unofficial deposits or borrowing of money, and unapproved subsidies," according to the PLA.
Certain funds had been allowed to go over budget, and fake invoices for reimbursement were found, the statement said.
It was also discovered that some units had "private coffers" that were used to transfer public money, it added.
Violators have been punished according to PLA regulations and law, the statement said.
- Injured ROK tourists in intensive care
- 36 dead, 26 missing after banca capsized in C. Philippines
- Thai navy plans to buy three Chinese subs
- Mass casualties in Indonesian military plane crash
- Japan's LDP lawmaker denounces Abe's security policies
- More than 100 feared dead in Indonesian military plane crash
- Western Europe swelters in long-lasting heat wave
- Top 10 shareholders of AIIB
- Massive Hello Kitty theme park opens to visitors
- New terminal of Pyongyang Intl Airport put into use
- Ten paintings to remember Xu Beihong
- Obama hails new chapter in US-Brazil relations
- Boxers top Forbes highest paid celebrities list
- Not so glamorous: Glastonbury ends with sea of rubbish
Most Viewed
Editor's Picks
Seventh China-US strategic dialogue |
Premier Li embarks on Latin America visit |
What do we know about AIIB |
Full coverage of Boao Forum for Asia |
Annual legislative and political advisory sessions |
Spring Festival trends reflect a changing China |
Today's Top News
Economic growth driving force for China's future mobility: Think tank
'Operation duck' and the student savior from internment camp
White House lifts ban on cameras during public tours
China, Canada seek to increase agricultural trade
A Canadian comes to Xi'an, finds personal, business success
Fewer Chinese seek US grad schools
US, Cuba to announce reopening of embassies on Wednesday
China bests MDGS for improved drinking water, sanitation
US Weekly
Geared to go |
The place to be |