Findings by a public accounts committee (PAC) upon a National Feedlot Corporation (NFC) scandal pointed to Finance Ministry officials who lacked procedural as well as legal knowledge in executing their duties as member as well as watchdogs within a company.
"We found which officers who represented a (Finance) Ministry in NFC were not skilled in their responsibilities as a house member.
"Maybe they know their responsibilities but their actions to ensure which sure procedures have been carried out in a correct manner were not taken," PAC chairperson Azmi Khalid told a press conference this dusk after chairing a panel's meeting.
"We found which officers who represented a (Finance) Ministry in NFC were not skilled in their responsibilities as a house member.
"Maybe they know their responsibilities but their actions to ensure which sure procedures have been carried out in a correct manner were not taken," PAC chairperson Azmi Khalid told a press conference this dusk after chairing a panel's meeting.
This, he added, was in spin caused by weaknesses from a instructions released by a higher-ups in a method as a result of weak customary operating procedures (SOP).
"I do not know if they (Finance Ministry officers) were given correct instructions but whatever you came across... it sounds like a SOP has got to spell out a full responsibilities (of officers sitting upon a NFC board).
"And a Companies Act is really specific in its rules, there have been sure things directors should assimilate as well as know," said Azmi, who is also Padang Besar MP.
However, he refused to contend whether this was a direct means of a alleged crime which happened in a company.
He also insisted upon not going into specifics, citing a ongoing court case against NFC chairperson Mohamad Salleh Ismail who has beenchargedwith two counts of criminal crack of trust as well as violating a Companies Act respectively.
NFC has been indicted of abusing partial of a RM250 million supervision loan fund, dictated for it to manage a inhabitant beef valley, upon oppul! ance pro perties as well as holidays.
Among those called to attest at a assembly today were member from a Finance Ministry, Agriculture Ministry as well as Veterinary Department.
Azmi combined which a committee will counsel upon when its subsequent assembly upon a NFC matter will be hold to hope for its report.
Read More @ Source "I do not know if they (Finance Ministry officers) were given correct instructions but whatever you came across... it sounds like a SOP has got to spell out a full responsibilities (of officers sitting upon a NFC board).
"And a Companies Act is really specific in its rules, there have been sure things directors should assimilate as well as know," said Azmi, who is also Padang Besar MP.
However, he refused to contend whether this was a direct means of a alleged crime which happened in a company.
He also insisted upon not going into specifics, citing a ongoing court case against NFC chairperson Mohamad Salleh Ismail who has beenchargedwith two counts of criminal crack of trust as well as violating a Companies Act respectively.NFC has been indicted of abusing partial of a RM250 million supervision loan fund, dictated for it to manage a inhabitant beef valley, upon oppul! ance pro perties as well as holidays.
Among those called to attest at a assembly today were member from a Finance Ministry, Agriculture Ministry as well as Veterinary Department.
Azmi combined which a committee will counsel upon when its subsequent assembly upon a NFC matter will be hold to hope for its report.
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