Business · Malaysia Bureau
AG's report flags RM2.55m in unauthorised allowance payments
An audit has uncovered RM2.55 million in allowances paid without proper authorisation from two maritime-related funds. The irregularities raise fresh questions about financial controls in government agencies.
LSN Malaysia ·
KUALA LUMPUR — A report by the Attorney-General's office has identified RM2.55 million in allowance payments made without valid authorisation, drawing from the Light Dues Fund (KWDA) and Marine Trade Centre Fund (KWPP).
The audit findings highlight significant gaps in the approval processes governing disbursements from these maritime-linked funds. According to the report, payments were processed despite lacking the necessary documentation or authorisation channels required under existing regulations.
The discovery comes as part of broader scrutiny of government fund management across various agencies. Officials overseeing the two funds are expected to review their administrative procedures to prevent similar lapses.
The Attorney-General's report did not specify the timeline over which the irregular payments occurred or identify the recipients of the allowances. Authorities are understood to be investigating the circumstances surrounding the unauthorised disbursements.