The Borneo Post (Sabah)

AG’s Report: PM Anwar orders LTAT, Felda to furnish full report

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PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim on Friday 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 (AG’s Report).

Met by reporters after performing Friday’s prayers at Surau Amaniah here yesterday, Anwar who is also 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 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 performanc­e.

The AG’s 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, namely RM0.376 billion, RM0.285 billion (2021) and RM0.338 billion (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 Cabinet will deliberate on them’.

On whether there is a committee on the 2022 AG’s 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 giving chance to ministries, relevant agencies to come up with their own explanatio­n and we will have to deliberate,” he said.

Earlier, Anwar and Home Minister Datuk Seri Saifuddin Nasution Ismail and Inspector-General of Police Razarudin Husain also had lunch at the Putrajaya police headquarte­rs surau here.

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