KUALA LUMPUR: The Public Accounts Committee (PAC) wants an explanation on why the Malaysian Anti-Corruption Commission (MACC) has classified the HRD Corp’s case as No Further Action (NFA) despite being flagged in audit reports.
In a briefing to the Dewan Rakyat, Sim Tze Tzin who represented the PAC said the Auditor-General’s report had recommended authorities to act on HRD Corp.
“The PAC is of the view that the Auditor-General will not make such proposals without a strong basis. In PAC’s proceeding we have also found elements of power abuse in HRD Corp,” he said on Monday (Dec 9).
“We don’t have malicious intent or want to throw accusations against anyone. We want HRD Corp to improve its image and confidence among contributors,” he said.
PAC had conducted a follow-up proceeding between Oct 23 and Nov 20. The main issue in the proceeding was to make HRD Corp a statutory body with good governance.
In a report tabled by PAC on Monday (Dec 9), an MACC investigation officer Mohd Fuad Sedet said there was no wrongdoing found against HRD Corp under the MACC Act 2009.
Suspicious real estate deals and high-risk investments were some of the issues identified by the PAC in its report released in July on HRD Corp.
It also found that HRD Corp had invested levies collected from employers on several high-risk investments, despite the training fund not being an investment institution.
Following the report, MACC officers collect documents from HRD Corp’s office as part of its probe.