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There is basis for sharp increase in govt debt - Auditor-General

There is basis for sharp increase in govt debt - Auditor-General

The federal government debt in 2021 stood at RM979.81 billion, an increase of RM100 billion in 2020, giving a ratio to GDP of 63.4 pct.
Thu Oct 06 2022
Federal govt's financial statements for 2021 satisfactory - Auditor-General

Federal govt's financial statements for 2021 satisfactory - Auditor-General

Nik Azman said the gross loan receipts amounting to RM217.20 bln have resulted an increase in the federal debt to 63.4 pct to GDP in 2021.
Thu Oct 06 2022
Auditor-General's Report 2021 tabled in Parliament today

Auditor-General's Report 2021 tabled in Parliament today

The Auditor-General's Report (LKAN) on the financial statements of the federal government, state governments and state agencies for the year 2021 was tabled in the Dewan Rakyat today.
Thu Oct 06 2022
Audit Report: RM1.299 billion irregular payments due to non-compliance with financial management

Audit Report: RM1.299 billion irregular payments due to non-compliance with financial management

There are still weaknesses such as output targets and the achievement of set results cannot be achieved or cannot be evaluated, Nik Azman said.
Tue Mar 22 2022
Paying matured debt with new loans by Fed Govt worrying - Auditor-General

Paying matured debt with new loans by Fed Govt worrying - Auditor-General

The position of the government of depending on new loans to finance the repayment of loan principals which have matured is described as worrying.
Thu Oct 28 2021
Audit report: RM620 mln in losses due to financial management non-compliance

Audit report: RM620 mln in losses due to financial management non-compliance

RM499.19 million involved payments for maintenance service claims without being verified at the National Security Council (MKN) level.
Thu Oct 28 2021
LKAN 2019 Series 2: 17 performance audits, 62 recommendations for 13 ministries

LKAN 2019 Series 2: 17 performance audits, 62 recommendations for 13 ministries

Seventeen performance audits of RM90.635 bln were carried out involving programmes, activities and projects at 13 ministries for the LKAN.
Tue Sep 28 2021
LKAN 2019 Series 1: 15 performance audits of RM15.71 billion in 12 ministries

LKAN 2019 Series 1: 15 performance audits of RM15.71 billion in 12 ministries

Nik Azman said the audit aims to assess the extent where public money has been spent prudently, efficiently and effectively without waste.
Thu Dec 10 2020
2019 Auditor-General's Report proposes 23 recommendations

2019 Auditor-General's Report proposes 23 recommendations

The National Audit Department has proposed 23 recommendations for three ministries and seven federal departments in the 2019 Auditor-General's Report Series 1
Mon Aug 24 2020
Simplified audit report process led to early detection of irregularities - Auditor-General

Simplified audit report process led to early detection of irregularities - Auditor-General

The process governing the Auditor-General's Report 2019 has been simplified and made quicker compared to the audit reports of previous years.
Mon Aug 24 2020
Daily Dose @ 5: Worst GLC for corporate governance; Housewife scammed by fake policeman

Daily Dose @ 5: Worst GLC for corporate governance; Housewife scammed by fake policeman

A rundown of the most important stories you need to know for the day, from the newsroom of Astro AWANI.
Mon Aug 24 2020
Action taken against 1,000 officers over Auditor-General's Report 2012-2018

Action taken against 1,000 officers over Auditor-General's Report 2012-2018

Action has been taken against 1,000 officers for flaws and weaknesses contained in the 2012-2018 Auditor-Generals Report.
Tue Jul 14 2020
Construction of additional bridge between Malaysia, Thailand to start next year

Construction of additional bridge between Malaysia, Thailand to start next year

The new bridge project will be done with equal funding from Bangkok and Putrajaya.
Sun Apr 26 2015
'No one will win a trade war,' China says after Trump tariff threat

'No one will win a trade war,' China says after Trump tariff threat

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.
Tue Nov 26 2024
What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

What has caused Pakistan's deadly clashes between police and supporters of Imran Khan?

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.
Tue Nov 26 2024
One woman or girl killed every 10 minutes by intimate partner or family member - UN

One woman or girl killed every 10 minutes by intimate partner or family member - UN

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".
Tue Nov 26 2024
Sweden urges Chinese ship to return for undersea cable investigation

Sweden urges Chinese ship to return for undersea cable investigation

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.
Tue Nov 26 2024
[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

[COLUMNIST] Building more highways won’t solve traffic congestion - reducing demand will

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.
Tue Nov 26 2024
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024