Officials from the impoverished Yungai village, Hunan province, are under investigation after it was revealed that they had constructed a 14-million yuan
party mansion office complex for just eight men. The seven-story building was also constructed without the proper land clearances, so it is currently out of use. Wonderful job, comrades.
According to iFeng, Yungai village has only 3,683 people, which would break down to about 3,800 yuan per citizen. The local authorities have assured residents that the wonderful edifice is an “investment” to attract business and visitors to the town (one imagines how that conversation would go down; “Should we invest in this small Hunan town with fewer than 4,000 people?” “Of course we should, have you even seen their big empty bureaucratic office??”).
No worries, though, because the entire complex was debt-financed; as one local official proudly stated, “all debts, no payments.” How could that ever go wrong?