Politics · Malaysia Bureau
Zahid open to RCI into Felda losses, calls for forensic audit
Deputy Prime Minister Datuk Seri Zahid Hamidi has signalled willingness to establish a Royal Commission of Inquiry into the Federal Land Development Authority's financial problems, while advocating for a comprehensive forensic audit to pinpoint the causes of losses.
LSN Malaysia ·
The senior government official stressed the importance of a transparent investigation that would clearly establish the root causes behind Felda's financial difficulties, according to statements made on the matter.
Zahid's openness to an RCI comes amid ongoing concerns about the state agency's financial performance and mounting pressure for accountability regarding how the organisation's resources have been managed.
A forensic audit, according to Zahid's position, would be instrumental in identifying specific factors that contributed to the losses, potentially paving the way for corrective measures and improved governance at the authority.
The Deputy Prime Minister's stance reflects growing scrutiny of Felda's operations and finances, with stakeholders across the political spectrum calling for greater transparency in how the organisation manages funds and assets entrusted to it.
The potential establishment of an RCI would represent a significant step towards addressing public concerns and restoring confidence in Felda's institutional framework and financial stewardship.