Prime Minister Anwar Ibrahim has directed the Armed Forces Fund Board (LTAT) and the Federal Land Development Authority (Felda) to submit full reports on their performances in the 2022 Auditor-General’s Report.
Met by reporters after performing Friday prayers at Surau Amaniah in Putrajaya today, the finance minister said a notice for explanation has been handed to the two agencies to provide a full report.
“Yes, we have given notices for them to furnish full explanations of LTAT (and Felda) even though the matter was from the 2022 audit.
“We decided that there should be a complete report on the weaknesses to be rectified, if there is anything involved that is not good we will have to take action,” he said when asked if Felda and LTAT need to explain their performances.
The report on the 2022 Federal Agency Financial Statement presented in the Dewan Rakyat on Wednesday showed that Felda suffered an after-tax loss of RM1.005 billion.
The report also revealed that LTAT reserves have recorded negative balances for three consecutive years since 2020 - RM376 million, RM285 million (2021) and RM338 million (2022).
Asked if he wanted to see the report himself, Anwar said “Yes, I have asked for the report, we gave them notice at least two weeks to give the full report submission and the cabinet will deliberate on them.”
On whether there is a committee on the 2022 report, he said relevant ministries and agencies need to give further explanations on their performance in the report.
“Right now, we’ll have to study the Auditor-General’s Report and then give a chance to ministries and the relevant agencies to come up with their own explanation and then we will deliberate,” he added.
- Bernama
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