China auditors find more than $8 bln misused in 1st 11 months

BEIJING, Dec. 29 (Chinese media) -- China's auditing

agencies have discovered more than 56.9 billion yuan (8.3 billion U.S. dollars)

misused in the first 11 months this year, the country's chief auditor Liu Jiayi

said Monday.

Auditors across the country initiated investigation

in more than 104,000 enterprises and agencies in the period, Liu said at a

national year-end auditing conference here.

As a result, about 837 cases and clues have been

handed over to judicial or discipline departments, he added.