The government might have wasted around RM6.5 billion in the 64 cases studied under the 2012 audit report, Serdang MP Ong Kian Ming said yesterday.
"Based on the 64 cases that the report has studied, I took some figures from the report, and I extrapolated the rest, and this is the estimation I arrived at," he told the audience at an audit report forum in Petaling Jaya last night.
Ong (left) noted that the RM6.5 billion that was wasted by the government was twice the amount of the funds the government could save by reducing the subsidy for petrol prices by 20 cents.
"Based on the 64 cases that the report has studied, I took some figures from the report, and I extrapolated the rest, and this is the estimation I arrived at," he told the audience at an audit report forum in Petaling Jaya last night.
Ong (left) noted that the RM6.5 billion that was wasted by the government was twice the amount of the funds the government could save by reducing the subsidy for petrol prices by 20 cents.
"Of this amount, about RM5.7 billion was wasted by the federal government, while another RM0.8 billion was wasted by statutory government bodies," he said.
He also said that about RM30 billion of the country's annual budget could be shaved off and saved instead if the government was more prudent in its spending.
Meanwhile, think-tank Institut Rakyat's economist Azrul Azwar Ahmad Tajudin said that the relationship between politicians and businessmen might invariably be contributing to the wastage and leakages issue highlighted yearly in the audit report.
"Most probably the wastage is an agenda to give back to businessmen (by politicians) for the contribution that the businessmen have made to them before," he said.
"This is why, there needs to be a more transparent process as to how political parties are funded in the country," he added.
He also said that about RM30 billion of the country's annual budget could be shaved off and saved instead if the government was more prudent in its spending.
Meanwhile, think-tank Institut Rakyat's economist Azrul Azwar Ahmad Tajudin said that the relationship between politicians and businessmen might invariably be contributing to the wastage and leakages issue highlighted yearly in the audit report.
"Most probably the wastage is an agenda to give back to businessmen (by politicians) for the contribution that the businessmen have made to them before," he said.
"This is why, there needs to be a more transparent process as to how political parties are funded in the country," he added.
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