{
  "id": 11402070,
  "title": "Kementerian sahkan Zetrix AI hutang JPJ lebih RM200 juta",
  "url": "https://urgent.news/2026/10/02/kementerian-sahkan-zetrix-ai-hutang-jpj-lebih-rm200-juta-11402070",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-02T07:58:00.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/bahasa/tempatan/2026/10/02/kementerian-sahkan-zetrix-ai-hutang-jpj-lebih-rm200-juta"
  },
  "original_language": "en",
  "account": "The Malaysian Transport Ministry has confirmed that financial technology company Zetrix AI owes the Road Transport Department (JPJ) more than RM200 million. Zetrix AI, formerly known as MyEG Services Bhd, failed to transfer funds following their three-year contract with JPJ, which began in May 2023. This revelation comes after a Straits Times report claimed Zetrix AI failed to transfer the funds after their contract with JPJ began in May 2023. The Straits Times quoted an official who stated that the amount exceeded RM200 million as of late September, and the Transport Ministry is considering further steps. MyEG, originally founded in 2000, was appointed in the same year to provide government online services, including road tax payment and vehicle insurance through a partnership with JPJ. The company was rebranded as Zetrix in July 2025 to reflect its shift from providing e-government services to a global infrastructure technology group. The company's latest annual report shows additional debts of RM95.5 million, consisting of trade debts, received deposits, and provisions. The company's liabilities total RM577.4 million, while current liabilities amount to RM1.25 billion, with a significant portion being loans and financing. The International Finance Corporation, a private sector branch under the World Bank Group, has taken a RM156 million stake in Zetrix to support its technological development. However, external auditors have raised concerns about the increasing costs of development, which are likely to exceed RM3.7 billion compared to less than RM200 million in 2020.",
  "summary": "Syarikat itu yang sebelum ini dikenali MyEG didakwa gagal serah wang dikutip bagi cukai jalan, pembaharuan lesen memandu dan saman trafik sejak Mei 2023.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Free Malaysia Today",
        "title": "Kementerian sahkan Zetrix AI hutang JPJ lebih RM200 juta",
        "url": "https://urgent.news/2026/10/02/kementerian-sahkan-zetrix-ai-hutang-jpj-lebih-rm200-juta",
        "published": "2026-10-02T07:58:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}