The Board of Audit has found that government offices and central government-funded corporations improperly spent or handled ¥236.45 billion in public money in 717 cases in fiscal 2008 — a record amount and nearly double the ¥125.36 billion in fiscal 2007. Some ¥12.3 billion in 593 cases was spent in violation of laws or regulations and some ¥13.1 billion in 481 cases still remained in the form of credits that have to be retrieved.
In its survey, the board examined funds set up by public-service corporations that receive subsidies from the central government’s ministries and agencies. As of fiscal 2008’s end, 68 such corporations held 110 funds with a total value of ¥912 billion. About 90 percent of the funds were established with subsidies from three ministries — the farm and fisheries ministry, the infrastructure and transport ministry, and the trade and industry ministry.
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