KUALA LUMPUR: The Securities Commission Malaysia’s (SC) Audit Oversight Board (AOB) announced that partners of Kreston John & Gan, Charles Lee King Long and Gan Kim Guan, are prohibited from auditing any public interest entities (PIEs) or schedule funds for 12 months, effective Aug 3, 2022.
In a statement today, the SC said that in addition to the prohibition, the AOB has also imposed fines of RM35,000 on Lee and RM17,500 on Gan.
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