Inspectors say $73m in State funds misspent

Jul 13th at 12:19
13-07-2012 12:19:13+07:00

Inspectors say $73m in State funds misspent

Government inspectors successfully recovered VND1.5 trillion ($73.3 million) of wrongfully-spent State funds in the second quarter of this year, and they have asked relevant authorities to review an additional VND2 trillion ($96.5 million) in questionable expenditures.

The figures were reported at a meeting here yesterday to review inspector activities over the past quarter.

Inspectors during the period also requested the return of 48ha of misused land and further investigation into the use of another 155ha.

During the past quarter, inspectors reported at the meeting, they submitted to the Prime Minister conclusions on their inspections of land planning management and land use; their inspection of troubled State-owned shipping company Vinalines; and audits of Ha Noi National University, infrastructure construction projects in Ninh Binh Province, a Project undertaken by Brigade 16 in Ea Sup in the Central Highlands province of Dak Lak, and various forestry and rubber plantation projects in Dak Lak.

Regarding the inspection of Ha Noi National University's joint venture with foreign universities in offering under graduate and graduate training courses during 2006-10, Nguyen Van San, Deputy Chief of the Government Inspectorate, said a final report would be submited to the Prime Minister by the end of this month.

Nguyen Van Kim, director of the Inspectorate's judicial department, said his department would submit to the Government a revised draft of the Law Against Corruption for cabinet members to consider in their monthly meeting slated for July 21-27.

In the first half of 2012, government inspectors nationwide conducted some 6,000 inspections, of which nearly2,000 missions have produced final reports. They detected VND3 trillion ($145.5 million) in wrongful expenditures and recovered 1,400ha of misused land

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