Chinese charity caught in financial statement controversy (4)

"These deals can be traced on the statement published on our website," said Jiang.

According to Jiang, the foundation channelled some 30 million yuan to short-term asset-management last year and earned nearly 1.08 million yuan.

As the foundation's full cash-flow statement is not available to the public, however, the newly revealed earnings only aggravated netizens' suspicion of the foundation's capital flow. They asked for verified bank statements.

"It's hard to believe that a member of financial staff would make such a mistake," wrote blogger "xiantao" on Weibo.

"Where did all the donations go? How much went to poor orphans?" a blogger screennamed "manyouzhelizi" wrote.

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