Housing Authority chief diversion of 1.06 million

WASHINGTON ( Chan Kam Zhao Xiaoying correspondent Suding Wei ) will use their control of the money ,Nike shox shoes,http://www.axcxzx.com/index.asp, Langzhong Housing Authority property management section chief , deputy chief ,Coach handbags, actually playing a residential special maintenance fund Yesterday , reporter learned from Langzhong Procuratorate , Langzhong Housing Authority Property Management Division and deputy chief , suspected of embezzlement 1.06 million yuan , was arrested on suspicion of embezzling public funds .

prosecution investigation show that in 2006 Langzhong established residential special maintenance fund management office ,Nike shox shoes, located in Langzhong Real Estate Management Office Property Management Division ; Management Office has in Langzhong Construction Bank and Agricultural Bank of China to open two accounts for the collection of residential maintenance funds . In early 2007, chief of property management in Langzhong Chengguan Credit Zhang secretly set up a

prosecution investigators , in June 2008 , Zhang was introduced to partner with others to do brick , sheet after another from the of which 30 million for his investment in the brick factory , another 25 million to lend his own name brick , after the given interest rate of 8 million, the remaining 13 million for their home improvements and furniture. See business profit chief embezzlement of public funds with impunity ,http://www.videokl.com/profile_blogs...iew&id=3941991, the deputy chief Xu no longer sit still , in Zhang's permission , on three occasions embezzlement 380,000 yuan,http://www.httyzx.gov.cn/Review.asp?NewsID=363, the start of the rental steel business.

present, the diversion of 1.06 million yuan has been fully recovered.