Explain how Zetrix arrears reached RM314mil, Loke told
Former Tuaran PKR chief Razeef Rakimin says the transport minister must tell where the ministry’s oversight system failed.
Former Tuaran PKR chief Razeef Rakimin expressed confusion over RM314 million in outstanding fees collected by MyEG Sdn Bhd and Zetrix AI Bhd, despite the transport ministry issuing 35 notices and holding four engagement sessions since May. The transport minister, Loke Siew Fook, confirmed Zetrix AI Bhd owes JPJ RM314 million for fees collected between May and September after failing to remit the collections.
Razeef questioned how the ministry's oversight system could allow such a large amount to remain outstanding, calling on Loke to explain the failures. He contrasted the issue with Loke's decision to resign over a political matter, stating that Loke must demonstrate the same commitment to accountability in this financial oversight case.
The road transport department suspended MyEG and Zetrix as their collection agents for fees and summonses due to the outstanding arrears. Loke said Zetrix had submitted a cheque for RM231 million in August, but the bank later informed JPJ it could not be processed. The ministry and JPJ plan to set a deadline for settling the arrears and recover the funds.
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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- Explain how Zetrix arrears reached RM314mil, Loke told freemalaysiatoday.com