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16 SEPTEMBER 2026

Friday, October 2, 2026

PSM calls for formal system to ensure action on audit findings

 PSM chairman Dr Michael Jeyakumar Devaraj says procedures should be introduced to ensure findings are investigated, acted on and reported.

PSM Skudai-Amir Syafiq Ameer Soekre- Pengerusi Dr. Michael Jeyakumar Devaraj
PSM chairman Dr Michael Jeyakumar Devaraj said the auditor-general’s report gives many examples of leakages ‘but after that, it goes quiet’.
KUALA LUMPUR:
Parti Sosialis Malaysia (PSM) has called for a formal system to be set up to ensure that investigations are carried out and action taken on wastage and leakages flagged in the auditor-general’s reports.

PSM chairman Dr Michael Jeyakumar Devaraj said a standard procedure should be set up after the auditor-general comes out with a report, “which gives many examples of leakages, including items being bought at three to five times the price”.

“All this comes out in the news, but after that, it goes quiet,” he said at a press conference on PSM’s proposals for the 2027 budget.

Jeyakumar called for the auditor-general’s office to be strengthened, including by increasing its manpower to scrutinise wastage in government spending.

In its proposals, PSM questioned whether government agencies were required to investigate possible abuses of power highlighted in auditor-general reports, and whether the outcomes of such investigations were reported to higher authorities and made public.

It said the auditor-general’s work should result in concrete changes and greater professionalism among government agencies.

The 2026 Auditor-General’s Report Series 1, tabled in February, identified 273 issues involving financial management and governance at the federal and state levels.

Among them were irregularities involving Universiti Kebangsaan Malaysia, where an unauthorised cooperative collected RM50.74 million in student fees.

Other proposals raised by PSM include reducing the My50 public transport pass from RM50 to RM30, increasing funding for low-cost strata apartment maintenance to RM200 million, and easing tertiary education costs for low-income groups.

PSM also proposed establishing a child poverty database and providing greater nutritional support for children, imposing tighter conditions and taxes on data centres, and allocating RM1 billion for a joint initiative with Indonesia to tackle transboundary haze. - FMT

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