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Thursday, August 9, 2018

Explain why GST refunds not in trust account, Lim tells Irwan Serigar

He said this in the midst of a shouting match between PH and BN in the Dewan Rakyat.
DEWAN RAKYAT
Finance Minister Lim Guan Eng wants an explanation from former Treasury secretary-general Mohd Irwan Serigar Abdullah.
KUALA LUMPUR: Finance Minister Lim Guan Eng has urged former Treasury secretary-general Mohd Irwan Serigar Abdullah to explain the reasons for not depositing the GST refunds into a trust account meant for it.
He also asked Irwan to be involved in the internal investigations that was being carried out by the finance ministry on the matter.
He said this while wrapping up on the Customs (amendment) Bill 2018 at the Dewan Rakyat.
Lim was reponding to a statement by Irwan who had dismissed allegations that the money meant for GST refunds had gone missing.
Irwan in a statement published by the media today said all monies collected were put under the government’s consolidated funds and the amount due for refund was put into the trust account on a monthly basis based on the requirements of the Customs Department.
Yesterday, Lim said RM18 billion was missing from the GST refunds account and the present government did not have the money to pay the refunds.
The matter is now being debated in the Dewan Rakyat with both sides having a shouting match over the matter.
Lim said yesterday that Irwan should be aware of the missing funds as he had the power and authorised all the documents. -FMT

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