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Chinese auditors to probe Beijing Olympics

www.chinanews.cn 2005-12-28 09:27:55

(Agencies)

The main structure of the National Stadium has been established in this
photo taken on December 21, 2005.

Dec.28 - China's state auditors will extend their search for government
corruption next year to the 2008 Beijing Olympics, Xinhua news agency
said, probing the massive construction schemes being readied for the
event.
The audit could shine unprecedented light on the Beijing Olympic
organizing committee which is overseeing the massive project of preparing
the Chinese capital for the Games.
"The Beijing Olympic organizing committee's income and expenses and the
competition venue construction situation" would be among the five main
audit subjects in 2006, Xinhua cited National Audit Office director Li
Jinhua as saying on Monday.
Another project to come under the spotlight would be the Three Gorges
Dam, the world's largest hydroelectric power scheme, Xinhua said.
Li has become a folk hero in China, where his office's annual reports on
government finances have drawn attention to massive abuses.
Audits for the first 11 months of this year uncovered misappropriation of
$36 billion) of government funds, officials said this week.
The Chinese government is pumping a huge amount of money into the 2008
Olympics. The budget for venue construction stands at around $2 billion
even after organizers scaled back plans for some Games venues, including
scrapping a retractable roof for the showcase "bird's nest" National
Stadium.
By 2008, Beijing expects to have spent a total of nearly US$40 billion on
the Olympics, most of which will go to building new roads and subway
lines and improving the city's power grid and environment.
Next year's audit checks will not be the first time China's sports world
has come under scrutiny.
In September, the Audit Office said the General Administration of Sport
collected 24 million yuan in sponsorship funds which were never paid out.
Its 2004 report revealed that between 1999 and 2003, the state sports
administration had "misused" 131 million yuan of funds from China's
National Olympic Committee, most of which went to building housing for
administration staff.

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