Published: Monday September 10, 2012 MYT 8:34:00 PM
Unisel financial report not finalised, says Abdul Khalid
SHAH ALAM: Selangor Mentri Besar Tan Sri Abdul Khalid Ibrahim said Monday the Universiti Selangor (Unisel) audited financial report which purportedly showed an after-tax loss of RM54.8mil, was not finalised.
He said they needed time to present the state-owned University's financial report as it had to be approved at the Annual General Meeting and undergo an independent audit.
"The audit report takes time as the state government is in the process of taking over the University's debts. The report has to be re-audited because Unisel owes the bank," he told reporters after the Selangor state departments' monthly gathering at the State Secretariat building here.
He was commenting on Selangor Umno Liaison Chairman Datuk Seri Noh Omar's claim Sunday that Unisel's audited financial reports showed after-tax losses of up to RM54.8mil, after three years under Parti Keadilan Rakyat.
According to Noh, a copy of the Unisel Audited Report for 2009-2010 showed after-tax losses of RM1.63mil for 2008, RM13.55mil in 2009 and RM39.68mil in 2010.
Abdul Khalid neither denied nor acknowledged the said report.
He said Noh could publish the audited report to the public and the state government would explain the issue through existing channels. - Bernama
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