• 28 stories NATIONAL AUDIT OFFICE

13 hours ago
China's top auditor says $2.6 bn environment funds "not effectively used"

Beijing, Jan 31 (IANS) China's top auditor has found that 17.6 billion yuan (about $2.56 billion) of fiscal funds earmarked in 2016 for pollution control and resource management was not used effectively. The finding was part of the results released after the National Audit Office (NAO) sent inspection teams to 18 provincial regions to review the use of fiscal funds for water pollution pr...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

12 days ago
Chinese official says economic data faked between 2011-14

Beijing, Jan 19 (IANS) The governor of the Chinese province of Liaoning has admitted local authorities manipulated economic data between 2011 and 2014, media reports said. According to a report in the daily South China Morning Post on Wednesday, many cities and counties in Liaoning province reported widespread fraudulent economic figures, raising doubts about the reliability of Chinese ...

7 months ago
'Britain's biggest rail project could be delayed by a year'

London, June 28 (IANS) Britain's National Audit Office on Tuesday put the country's biggest ever rail project under the spotlight, warning of rising costs and the project's timetable. The ambitious $74.5 billion HS2 project, which will provide a high speed rail link between London, Birmingham and northern England, has an unrealistic timetable and faces major cost pressures, with a schedu...

1 year ago
China audit finds $38 billion in misused funds

Beijing, Dec 29 (IANS) China's top auditing panel has found 250 billion yuan ($38 billion) in misused funds, with analysts saying the anti-graft campaign will pick up in 2016, a media report said on Tuesday. Liu Jiayi, head of the National Audit Office (NAO), said at the national auditing work conference on Monday that the NAO conducted audits on more than 20,000 officials, and found mis...

1 year ago
Motivational speakers have wrong message for business listeners

I once sat in a seminar where the motivational speaker kept saying: Accept yourself as you are. Fine with me, but the colleagues at my side all had serial killer personalities. I tried to warn the speaker but she didn't pick up my discreet pointing and head-shaking gestures. People in certain professions, such as journalism, law, and stockbroking can be rough diamonds - minus the diamond...

4 years ago
BBC faces probe after 200 managers get 100,000-pound pay-offs

London, Dec 26 - The National Audit Office of Britain will launch an investigation after the BBC reportedly gave 200 senior managers pay-offs of more than 100,000 pounds each in the past three years, the Daily Telegraph reported. Lawmakers have said that leaving the BBC was like winning the lottery. George Entwistle, a former director-general, was given a payoff of 450,000 pounds, do...

4 years ago
Fraud uncovered in Chinese projects with foreign loans

Beijing, June 19 - China has uncovered fraud worth 237 million yuan - in projects that used loans from foreign organisations, including the World Bank, Asian Development Bank, and the UN Development Programme. Auditors uncovered fund misappropriation in six projects, the China Daily reported citing the National Audit Office. The fraud was detected in an audit conducted last year on ...

4 years ago
Britain makes it tough for Pakistani students

London, April 13 - Britain has decided to make it tough for Pakistani students to step on the English soil, following a pilot scheme finding as many as four in ten applicants may be bogus. British Home Office figures have revealed that thousands of student visa applicants cannot speak English, despite claiming they want to study here, the Daily Mail reported. Home Secretary Theresa M...

4 years ago
$77 million embezzled from Beijing-Shanghai high-speed rail project

Beijing, March 19 - China's auditing authorities Monday said 491 million yuan - has been embezzled from the Beijing-Shanghai high-speed railway project. Some local units along the railway link extracted, intercepted or misappropriated 491 million yuan that was intended to act as demolition and relocation funds, the National Audit Office - said in a report based on an audit conducted between...

5 years ago
New British jets can't land on aircraft carriers

London, Jan 16 - Fifty new fighter jets bought by Britain from US at a cost of five billion pounds - cannot land on aircraft carriers because of a faulty hook that snags the war planes. The 50 Joint Strike Fighter jets were bought by the Royal Navy from US defence contractor Lockheed Martin, The Sun reported. The jets have a hook underneath which catches a wire on the ship's deck to ...

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