Auditor-General says 8 borrowers got debt write-offs last year
RM522 million in loans taken by Malacca, Pahang, KL City Hall, Shapadu, report says.
Copy URLThe Auditor-General’s Report shows that four entities received write-offs for loans amounting to RM522.37 million in 2020. – The Malaysian Insight file pic, October 28, 2021.EIGHT borrowers with outstanding loans totalling RM522.37 million got approval for a write-off in 2020, according to the Auditor-General’s Report (A-G’s Report).
The A-G’s Report said among the borrowers who got the write-off approval were Malacca with RM216.75 million, Pahang (RM205.72 million), Dewan Bandaraya Kuala Lumpur (RM42.02 million) and Syarikat Lebuhraya Shapadu Sdn Bhd (RM32.13 million). Read more: TheMalaysianInsight »
Dec 7 for hearing of Najib’s bid to adduce new evidence in SRC appeal
KUALA LUMPUR: Datuk Seri Najib Razak’s application to allow new evidence to be adduced in his appeal over his 12 years’ jail sentence and a fine of RM210mil for misappropriating RM42mil SRC International Sdn Bhd funds, will be heard a day before the Court of Appeal deliver its verdict.