Auditor-General's Report: Nine performance audits done on eight ministries involving RM10.75bil

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KUALA LUMPUR: Nine performance audits involving a total of RM10.75bil were carried out last year on programmes, activities and projects undertaken by eight ministries, according to the Auditor-General’s Report 2021 Series 1 released Wednesday (Aug 3).

Overall, the report said the implementation of Federal Government programmes, activities and projects were in accordance with the objectives although some weaknesses were found, such as output targets and set outcomes that were either not achieved or could not be evaluated.

The report said the audit on the management of Federal Government companies focused on the achievement of each company's establishment objectives by examining three aspects: corporate governance, activity management and the company's financial position. "As for SPV companies, five achieved their specific purpose, 18 are in the midst of implementing their specific functions, and two were found to have changed their specific functions,” the report said.

 

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