In January 2017, the Auditor General (KAN) reported that Felda Carviative Sdn Bhd (FCSB) had...
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Accounting
In January 2017, the Auditor General (KAN) reported that Felda Carviative Sdn Bhd (FCSB) had spent RM47.61 million on fish farming projects in Pahang, but returns including from sturgeon farming and technology transfer were not realized as a result of the project delay. In this regard, the Malaysian Anti-Corruption Commission (MACC) has detained 3 former officers and 2 Felda officers to assist in the investigation. The results of the MACC investigation found that there was abuse of power and misappropriation of Felda funds since 2014.
(Source: Utusan Malaysia, 24 January 2017)
Based on the above statement, discuss;
a) types of audit remarks made by the Auditor General (KAN) on this issue;
b) the importance of public accountability in performing duties by civil servants.
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