The Parliament’s Public Accounts Committee (PAC) has been informed that the development of super drones or 'flying cars' is not the priority of the Ministry of Entrepreneur and Cooperative Development (Medac) at the moment.
PAC chairperson Wong Kah Woh said the ministry was instead focusing on entrepreneurship development, especially for small and medium enterprises, and micro-businesses.
He said the matter was clarified by Medac secretary-general Suriani Ahmad when tabling the ministry’s follow-up action to PAC report last Nov 11.
"The presentation by Medac to the PAC was made following recommendations in the PAC report on the development of air mobility which was tabled in the Dewan Rakyat on Nov 28, 2019," he said in a statement today.
He said PAC was satisfied with the National Audit Department’s audit of the Malaysian Industry-Government Group for High Technology (Might) and found that no investment of RM20 million was made by its subsidiary Venture Tech Sdn Bhd (VTSB) to develop the flying cars.
"The PAC also found that the VTSB investment agreement document had clearly provided that the RM20 million investment by VTSB could not be used for a purpose related to flying cars,” he added. - Bernama
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