#SHOWBIZ: Finas investigates allegations of fund misuse
KUALA LUMPUR: The National Film Development Corporation Malaysia (Finas) has confirmed it is looking into claims of fund misuse by a local film production company, following posts that recently went viral on social media.
The National Film Development Corporation Malaysia (Finas) is investigating allegations of fund misuse by a local film production company, following the spread of posts on social media. Finas CEO Datuk Azmir Saifuddin Mutalib announced that the agency has initiated an investigation, requesting both the company's management and the complainant to provide their perspectives.
So far, only one party has come forth to explain. The investigation focuses on a project that did not receive film development or production grants from Finas but rather marketing support, which is less than a full production grant. Finas supports the distribution of non-commercial films, which play a vital role in fostering the local film industry.
While the company has not seen any evidence of misappropriation, they will continue examining all provided information. No wage payment issues have been reported by production crew members. Finas will await further explanation and evidence from the other party to conduct a transparent investigation and determine if there is any basis to the allegations.
The matter came to light after a user on Threads accused the company of fund misuse and shared a screenshot of an official report allegedly submitted to Finas.
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