Audit finds Yayasan Selangor spent almost RM1m on anniversary, not RM300,000

SHAH ALAM, March 18 — Yayasan Selangor actually spent almost RM1 million on its controversial anniversary celebration last year before cancelling the event, which was initially budgetted for RM300,000, an audit revealed today.

The Selangor education fund cancelled its 40th anniversary luncheon in November 2010 after the state Ruler snubbed it over its exorbitant cost.

“According to Yayasan’s records, the expenditure for the activities cost RM996,472,” said the audit report by the internal audit division of the Selangor state secretary’s office today.

The report revealed that Yayasan Selangor had spent RM387,232 on the cancelled luncheon, RM225,000 on copies of the Quran, RM206,040 on souvenirs and clothes, and RM178,200 on a fishing competition.

“The audit finds that Yayasan has yet to take any action to recover the expenses,” said the report.

It added that Yayasan Selangor could recover an estimated RM148,500 from the company in charge of the luncheon.

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