KUALA LUMPUR, Sept 21 — The Public Accounts Committee (PAC) has decided that it will hold further proceedings on the issue related to Felcra Berhad which was reported in the Auditor-General’s Report 2021 Series 2 on management of a federal government company.
In a statement, PAC chairman Datuk Mas Ermieyati Samsudin said this after the committee heard testimonies and explanation from two former Felcra chairmen — Datuk Seri Tajuddin Abdul Rahman and Datuk Seri Bung Moktar Radin — on September 18.
Tajuddin was appointed Felcra chairman between 2008 and 2013, while Bung headed the government-owned company from 2013 to 2018.
“(The) PAC will hold further proceedings on this issue for the purpose of getting information and explanation from Datuk Mohmad Isa Hussain, former deputy secretary-general Treasury (Investment) and the WZR Group company which is the contractor of Menara Semarak 20 owned by Felcra Berhad before finalising the report on this matter,” she said.
In the Auditor-General’s Report 2021 Series 2, it had stated that Felcra’s debt arrears amounted to RM312.22 million as of December 31, 2021. This was an increase from the RM82 million of the preceding year.
The Auditor-General’s Department also found that Felcra owed the government RM3.67 billion as of December 31, 2021.
It was reported that the federal government also did not receive dividends from Felcra between 2019 and 2021, while the RM312.22 million loan had been converted from a government loan to equity was approved by the Dewan Rakyat on August 4, 2022.