2.96 bln yuan misused in affordable housing

China's top auditor said on Wednesday that 2.96 billion yuan (470 million U.S. dollars) earmarked for affordable housing programs was intercepted or embezzled last year.

The report was based on auditing in 66 cities and counties.

Liu Jiayi, auditor general of the National Audit Office, added the agency had discovered other problems in social housing construction, including lack of funds, as well as faulty approval and exit mechanisms.

The agency said more than 5,400 households had been included in the program without undergoing required reviewing procedures and 21,000 were found ineligible for the project.

Liu said after the auditing, local authorities had retrieved 2.82 billion yuan and 3,800 households had been stripped of qualifications.

China has vowed to build 36 million affordable housing units during the 2011-2015 period in a bid to meet the demands of low-income families and cool the property market. But corruption in the construction and application process, as well as doubts over the quality of projects have caused public complaints.

 

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China 9 Liberty 37

Condemned gunman Clayton is given a last minute reprieve by the railroad on the condition that he murders Matthew who is mining gold on his land. Visiting Matthew's ranch, Clayton is unable to bring himself to kill him and leaves, but Matthew's wife, Catherine, believing she has killed Matthew during an argument, joins him. Matthew survives and sets out to hunt them both down, as the railroad sets out to kill them all as well. Oates plays a retired gunfighter mining gold on land he refuses to sell to the railroad. Testi (the best of a long line of English-challenged pretty-boy European actors who worked in the western genre in the 60's and 70's) is hired by the railroad to kill Oates. But the two gunfighters hit it off and Testi refuses to complete the job. In the meantime Oates' wife Catherine (Jenny Agutter) comes on to Testi. They run off together believing she has killed Matthew, but he survives and begins to hunt them down. To add additional complications to the story, the railroad recruits a squad of gunfighters to kill both Matthew and Clayton.

Video Rating: 4 / 5



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