2007 Annual audit of the central government budget implementation shows problems in the amount of 29.379 billion yuan, said Auditor-General Liu Yi of China National Audit Office on August 27, 2008. The audit covered 368 work units under 53 central government departments. Of the 29.379-bn yuan problem funds, 98% resulted from mismanagement, while violations of law and regulations account for 2%.
Source: China National Audit Office, August 27, 2008 http://www.audit.gov.cn/n1057/n1072/n258889/1669208.html