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Gia Lai to withdraw misused fund

Update: May, 11/2015 - 17:43
A press conference was held in Gia Lai to reveal the results of the financial inspections of four agencies that misused the state fund. — Photo
GIA LAI (VNS) — The provincial administration of Gia Lai in the Central Highlands has decided to withdraw over VND15 billion (nearly US$692,000) that was found to be misused by four agencies during an inspection.

This was revealed by Chief of the province's People's Committee Secretariat Ngo Ngoc Sinh.

Inspections have found that the province's Radio and Television Station, the Education and Training Department, the Labour, Invalids and Social Affairs Department, and General Hospital have misused state fund to the tune of VND780 million (US$36,000), VND1 billion (US$46,000), VND1.8 billion (US$83,000), and VND11 billion (US$507,000), respectively.

The agencies misused the funds mainly for labour contracts, equipment purchase, and their installation.

While the Radio and Television station has refunded the misused capital, the Education and Training Department has recovered 60 per cent of the money, Sinh said.

The province's People's Committee has asked the inspectorate to issue a decision on withdrawing the misused money and request the four agencies to clarify their individual as well as collective responsibility for the errors. — VNS

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