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Olympics spending still not inspected, audit chief says

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Shi Jiangtao

With memories of Beijing's Olympics already fading, the mainland's top auditor admits his office has not yet looked into the spending behind the world's most expensive Games.

Liu Jiayi, auditor general of the National Audit Office, said yesterday that audits of Olympics-related projects and the expenditure of the Beijing Olympics organising committee (Bocog) would be conducted this year.

His remarks come as criticism mounts on the mainland over the wait for the much-anticipated report into spending on the Olympics.

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Information on the Olympics budget has been controlled tightly by the government. While Beijing claims Bocog's operating cost and spending on venues totalled more than US$4 billion, overseas media has estimated a cost of US$43 billion.

'It is still too early to say whether the actual spending exceeded the budget,' Mr Liu said, without explaining why the audit was taking so long.

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But he admitted that irregularities and other problems had been found in the management of Olympics- related funds during initial investigations last year.

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