Shanghai respond on the rumors of 40 million donation to Jingan fire

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Bao Jian | Wednesday, September 7, 2011, 11:21 Beijing

On September 6, Shanghai authorities responded on the donation rumor of Jingan fire. The rumor said that only 4.2 million yuan of 44.8 million yuan donation distributed to the victims of Jingan fire.

Jingan Branch of Shanghai Charity Foundation said that the donation of 11·15 Fire, in accordance with relevant laws and regulations, was earmarked for special purposes.

As of September 5, 2011, social contributions are a total of 54.6992 million yuan, including 1.5012 million yuan of earmarked projects and 53.198 million yuan of all kinds of helping assistance payments. 28.347 million yuan of all funds have been issued, including published and audited 9.8839 million yuan. The remaining funds is planned and orderly distributing.

It is reported that the social contributions was special audited by a qualified third-party accounting firm, and all results will be announced in the media.

All donations for Jingan 11·15Fire will be used for charity projects, not leaving any costs and expenses.

Source: People’s Daily Online

Translated and edited by Ma Xin

Ma Xin is an editor of M4.cn and can be reached at maxin@m4.com.cn

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