Mindef incurs RM10.30 million losses in rental revenue | The Malaysian Insight

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Mindef incurs RM10.30 million losses in rental revenue

A total of RM10.30 million in losses in rental revenue were incurred by the Ministry of Defence in the past few years as a result of weak management of revenue from land and building rental, according to the Auditor-General’s Report 2020. – The Malaysian Insight pic, October 28, 2021.

WEAK management of revenue from land and building rental has been identified as the cause behind RM10.30 million losses in rental revenue incurred by the Ministry of Defence , according to the Auditor-General’s Report 2020. According to the report, Perwira Niaga Malaysia , which occupies 139 Mindef premises to conduct retail business in military camps, failed to pay RM1.31 million in rent after the lease period of the premises expired on May 31, 2014.

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