PAC chairman calls for probe into PHB over spending, bonuses


KUALA LUMPUR: Public Accounts Committee (PAC) chairman Datuk Mas Ermieyati Samsudi has called for an investigation into governance practices under government-linked company Pelaburan Hartanah Bhd (PHB) over recent news concerning the spending and bonuses of company executives.

The call comes after a media report last month revealed PHB’s chief executive officer received a massive three-month salary bonus of RM210,000 despite the company’s poor performance in achieving only 42% of its key point indicators (KPI).

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