A very interesting new report by the NYT has people talking. According to the report, $86m worth of US funds raised for wild pandas never actually was used on said pandas.
The Lowdown
Chinese officials are mum today amid reports that $86m in U.S. funds meant for the protection of wild pandas cannot be accounted for. In a revealing piece, the Times found that instead government officials spent the monies on whatever they desired.
Analysis’s of financial reports dating back decades reportedly revealed that Chinese officials went on quite the spending spree. Among notable purchases: captive pandas, buildings and roads far from nature reserves, additional museums, and even satellite TV for government offices.