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China military to tighten building controls in anti-graft drive

Published on Feb 20, 2014 11:45 AM
 

BEIJING (REUTERS) - China's military said on Thursday it would tighten controls over the construction and sale of buildings to ensure proper accounting and transparency for all financial transactions as part of a wider government anti-corruption drive.

China launched a crackdown on rampant graft in the military in the late 1990s, banning the People's Liberation Army from engaging in business. Corruption has worsened in recent years however, due to a lack of transparency and checks and balances.

The latest rules, printed on the front page of the official PLA Daily, mandate that money from the sale of military buildings must be handed over to the military fully and in a timely manner.

New building work can only be carried out according to pre-approved plans and must not stray from them in scope or size, state the rules, which go into effect on March 1.

 
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