Monday, 25 November 2013

China to auction off illegally built official buildings - state media

 China will seize and auction off government and Communist Party offices that are illegally built, state media reported on Monday, as part of a crackdown on extravagance and pervasive corruption.
"All official building projects that have not had inspections carried out according to regulations and where construction has started without permission must halt construction and be handed over for confiscation," the Xinhua news agency report.

"All official building projects that exceed (the regulated) size, violate standards, or are over budget should have the area that exceeds standards vacated and handed over within a limited time or be entirely confiscated and auctioned off," the agency said, citing new regulations to control spending and combat waste in Party and government organisations.
Source: reuters

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