SPRM kesan kepincangan tatakelola UiTM Holdings

The Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) has confirmed the existence of management issues and governance concerns within UiTM Holdings Sdn Bhd (UiTM Holdings), based on their ongoing investigation into the company's financial losses. SPRM Chairman, Abd Halim Aman, stated that the findings have led to proposed improvements for the company to rectify the existing shortcomings.

Although the management aspect is not a criminal offense that can be prosecuted in court, it is still considered a necessary improvement. SPRM will recommend the required improvements for any processes that have been found to have governance issues, said Abd Halim at a media briefing following the SPRM 59th Anniversary Council at the SPRM headquarters.

When discussing the status of the ongoing investigation, he said that the action is part of an ongoing process due to a historical criminal case with no statute of limitations. "As long as the investigation is not completed to gather information, evidence, and documents, the case will continue to be investigated. As of now, the investigation is leading to a suspect (alleged today), but if there is any new element or evidence, the investigation will continue (to others), he added.

Former Executive Director of UiTM Holdings Sdn Bhd (UHSB) Azlizan Fadzil today pleaded not guilty in Shah Alam Sessions Court to charges of breach of trust involving RM37.37 million in funds in 2017.