KUALA LUMPUR: The Public Accounts Committee (PAC) will call up the management of Sime Darby Sdn Bhd and Pos Malaysia Bhd to explain the losses incurred by the two companies.
Its chairman, Mohamed Azmi Khalid, said the PAC decided to hold an inquiry on the matter as it involved public interest.
"We don't know what actually happened to the two companies but these are high-profile cases and we should ask them to explain," he told reporters after chairing the committee's meeting at parliament house, here today.
The Sime Darby conglomerate was reported to have suffered over RM1.6 billion in losses due to cost overrun.
Sime Darby group chief executive Ahmad Zubir Murshid, whose contract was supposed to end on Nov 26, had been asked to go on leave following the losses.
Pos Malaysia is reported to have incurred RM546 million in losses, a figure refuted by Deputy Finance Minister Awang Adek Hussein who said that Pos Malaysia's actual losses were RM227 million due to its investment in Transmile.
Azmi did not rule out the possibility of calling up Khazanah Nasional Bhd management based on its involvement in Pos Malaysia.
Asked whether the PAC concurred with the move to ask Ahmad Zubir to go on leave, Azmi said it was not for the committee to agree or disagree with the decision.
"We have not concluded anything yet, we just want to know the facts and what exactly is going on."
Disposal procedures
Meanwhile, Azmi said the committee was finalising the report on the electrified Rawang-Ipoh double-track commuter project, which cost nearly RM1.43 billion or 32.9% higher than the initial contract value.
Syarikat Prasarana Negara Bhd (SPNB), which implemented the project, was called up following the 2008 Auditor-General's Report which criticised the company's asset disposal procedures and the plan to dispose of 1,139 units of buses kept at the Serendah and Sungai Buaya depots.
The PAC, on Feb 9, visited the two depots as part of its investigations.
Meanwhile, PAC deputy chairman Dr Tan Seng Giaw, who is also a member of the Special Parliamentary Committee on Corruption, said the special committee had finalised its report.
"We will have to see the prime minister first before we could table the report in Parliament," he said.
The special committee, chaired by Mohd Radzi Sheikh Ahmad, is tasked to probe into the Malaysian Anti-Corruption Commission's annual report last year which revealed that 23 politicians were under investigation for corruption, 15 of whom had been brought to court.
- Bernama
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