Ministry confirms Zetrix AI owes JPJ over RM200mil
The firm previously known as MyEG has allegedly failed to remit money collected for road tax, driving licence renewals and traffic summonses since May 2023.
The transport ministry has confirmed that AI firm Zetrix owes the road transport department (JPJ) over RM200 million. Zetrix, formerly known as MyEG Services Bhd, reportedly failed to remit funds to JPJ following its three-year contract with the department starting in May 2023. This information was corroborated by a report from Singapore's Straits Times, which cited a government official stating the outstanding amount was significantly higher than RM200 million as of September.
MyEG, founded in 2000, was originally tasked with providing online government services, including vehicle road tax and insurance renewals through JPJ. The company was rebranded as Zetrix in July 2025 to reflect its evolution into a global technology infrastructure group. As of the latest annual report, Zetrix had other payables totaling RM95.5 million and current liabilities amounting to RM577.4 million.
External auditors have raised concerns about the company's rising development costs, which exceeded RM3.7 billion in 2025, compared to less than RM200 million in 2020.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- Ministry confirms Zetrix AI owes JPJ over RM200mil freemalaysiatoday.com
