Watchdog demands answers over RM200mil in unremitted RTD collections
KUALA LUMPUR: The government must explain how My E.G. Sdn Bhd and Zetrix AI Bhd failed to remit up to RM200 million in revenue collected on behalf of the Road Transport Department (RTD), says an anti-corruption watchdog.
Malaysia Corruption Watch (MCW) president Jais Abdul Karim has called for answers from the Malaysian government regarding RM200 million in unremitted revenue collections from the Road Transport Department (RTD) by My E.G. Sdn Bhd and Zetrix AI Bhd. The watchdog questioned the control mechanisms in place to ensure all collections were recorded, reconciled, and remitted.
Jais emphasized the need for an audit, questioning the frequency of remittances, responsibility for reconciliation, and when the arrears were first detected. The RTD has since suspended the services of the two companies as collection agents, but Jais urged the government to use all legal mechanisms to recover the outstanding amount.
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