The China National Audit Office has uncovered RMB6.7 billion (US$1.1 billion) in misappropriated funds in the construction and running of China’s west-to-east electricity-transmission system, The Wall Street Journal reported. On Monday, the government’s audit agency said the audit considered certain spending last year from April to July, a brief period for a multi-province project that began in 1993 and by this time last year had cost RMB179 billion. The national grid-construction projects are part of a long-term solution to China’s urban air pollution problems, which are blamed in part on coal-burning power plants.
Categories