Guan Eng: PAC report confirms unlawful treatment of GST funds | Malay Mail

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Guan Eng: PAC report confirms unlawful treatment of GST funds

Finance Minister Lim Guan Eng speaks to reporters at Parliament in Kuala Lumpur July 11, 2019. — Picture by Yusof Mat Isa

“However, this was not done in accordance with the GST Act and instead, the GST collections were deposited directly into Consolidated Revenue Account. Lim further noted the PAC’s conclusion that the Najib administration only transferred 35 per cent of total GST collections back to the trust account when it should have set aside 42 per cent.

 

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