MyEG getting 20% more revenue than what Govt is able to collect

PETALING JAYA: MyEG Services Bhd confirms that it will be getting 20% of revenue over and above what the Government is able to collect on its own for implementing the electronic monitoring system (EMS) project.

The EMS, which entails linking up the point-of-sales terminals at entertainment and retail outlets to the Royal Malaysian Customs Department (Customs) to facilitate the collection of taxes, has been a talking point among many in the corporate circles because of its supposedly lucrative returns.