Source: CCTV.com
01-09-2007 15:11
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The National Audit Office is stepping up its effort to ensure transparency in all sectors including the government in the new year. It said over the weekend that the central government's budget management, large investment projects and financial institutions' performance will all be among their top priorities.
Top auditor, Li Jinhua, said at the annual auditing work conference over the weekend that major investment projects such as construction projects for the 2008 Beijing Olympic Games, will be among the top priorities of auditors this year. The move is to facilitate the effective use of Olympic funds and prevent corruption in Olympic projects.
The National Audit Office said it also plans to give priority to the water diversion project from the south to the north, and major railway construction projects. It's also focusing on areas of high public concern such as social security fund and employees annuity.
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Li Jinhua said "The office will strictly carry out auditing. Some sectors such as the central government's salary reform has just started. So we have to set up criteria at the very beginning."
In the financial sector, Li said the audit office will continue its audit campaign to examine the assets and liabilities of the National Development Bank, the Agricultural Bank of China, the China Everbright Bank, PICC Property and Casualty and China Reinsurance.
Meanwhile, the audit authorities will investigate the disposal of non-performing assets by the country's four asset management companies - Huarong, Cinda, Great Wall and Orient - in order to prevent losses of state assets.
Li Jinhua said "Financial audit has to give priority to preventing financial risks and ensuring financial security. The purpose is to do research on financial risks."
Official statistics showed that the annual budget auditing in 2006 covered 137-thousand governmental departments, organizations and state-owned enterprises nationwide. After auditing, 33 billion yuan of misappropriation was uncovered.
Editor:Du Xiaodan
