{
  "id": 12069749,
  "title": "AG Report: RM59.63m contractor advance payments overdue for more than 10 years",
  "url": "https://urgent.news/2026/10/05/ag-report-rm59-63m-contractor-advance-payments-overdue-for-more-than",
  "topic": "world",
  "section": "World",
  "published": "2026-10-05T03:58:51.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/news/nation/2026/10/1547893/ag-report-rm5963m-contractor-advance-payments-overdue-more-10-years"
  },
  "original_language": "en",
  "account": "In 2026, the Auditor General of Malaysia reported that RM59.63 million in contractor advance payment receivables from 24 projects remain overdue for more than a decade. This represents 86.7% of the total RM68.81 million, with the majority of arrears originating from companies that have been dissolved. Auditor General Datuk Seri Wan Suraya Wan Mohd Radzi pointed out that delayed follow-up action has further impeded recovery efforts. Additionally, the report revealed that RM5.67 million in mobilisation payments for two projects were not properly recorded as uncollected receivables, leading to an inaccurate depiction of the government's financial position. The responsible ministry is urged to submit Proof of Debt forms to the Insolvency Department for insolvent companies, pursue legal action against active entities, and ensure the reporting of all uncollected mobilisation payments. Furthermore, the report highlighted that receivables for utility relocation costs amounted to RM90.50 million as of December 31, 2025, with 92.8% overdue by over 12 months. However, RM30.46 million should not have been classified as receivables, as it pertained to fully funded 10th Malaysia Plan projects. Finally, claims for utility relocation work totaling RM63.16 million for 11 projects remained unsubmitted even after the six-month deadline following the Certificate of Practical Completion had passed, further skewing government revenue records and increasing the risk of delayed cost recoveries.",
  "summary": "KUALA LUMPUR: A total of RM68.81 million in contractor advance payment receivables across 24 projects remains unrecovered, with RM59.63 million, or 86.7 per cent, outstanding for more than 10 years.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}