BEIJING - Chinese auditors found last year 330 million yuan ($48.5 million) in government subsidies were wrongly given to 62,900 households whose income exceeded prescribed standards, the chief auditor said Wednesday.
Liu Jiayi, head of the National Audit Office (NAO), made the statement in a report submitted to the fifteenth session of the Standing Committee of the 11th National People's Congress (NPC), China's top legislature.Of the unqualified households who received the subsistence subsidy, 11,900 were found to own private enterprises, cars or at least two real estate properties, Liu said.Auditing in 2009 also found that nine cities, unidentified by Liu, gave 869,000 yuan ($128,000) in low-rent housing subsidies and 74 apartment to 705 unqualified families
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