KUALA LUMPUR: The government must explain how My E.G. Sdn Bhd and Zetrix AI Bhd failed to remit up to RM200 million in revenue collected on behalf of the Road Transport Department (RTD), says an anti-corruption watchdog.
Malaysia Corruption Watch (MCW) president Jais Abdul Karim questioned what control mechanisms were in place to ensure all collections were properly recorded, reconciled and remitted.
He said the government needed to clarify the actual amount still outstanding, the period over which the arrears accumulated, the remittance schedules specified in the contract and the action to be taken if the debt was not settled.
"If it is confirmed that the arrears have accumulated since the contract began in May 2023, it raises serious questions about the effectiveness of monitoring, reconciliation and auditing mechanisms," he said in a statement.
