Wednesday, June 30, 2010

PAC to table report on Pos Malaysia losses

KUALA LUMPUR: The Public Accounts Committee (PAC) will soon table its report on the alleged losses suffered by Pos Malaysia, PAC chairman Datuk Seri Azmi Khalid said.

"We have listened to the explanation given by Khazanah Nasional and today we called in former Pos Malaysia chairman Tan Sri Adam Kadir to give his account on he issue.

"We are studying the findings and should be able to table the report during he current Dewan Rakyat sitting," he told reporters after meeting the former Pos Malaysia chairman on Wednesday, June 30.

Adam had recently revealed that Pos Malaysia, a government-linked company, uffered losses to the tune of RM546 million.

He also wrote in the Sunday Star newspaper that the government investment am, Khazanah Nasional Berhad, as the Pos Malaysia's main shareholder, had not provided the true picture of the company's losses.

Azmi said the committee would also call in the Finance Ministry to seek clarification over the issue.

"We will get written answers from both sides. We will be asking a few more questions to Khazanah after listening to Tan Sri Adam today, also a few questions to the Ministry of Finance," he said.

Azmi also said that Pos Malaysia did not suffer losses.

"If there are losses, it could be due to the drop in the Transmile shares to 14 sen (in 2007). Now the price is 39 sen. Pos Malaysia has 15 per cent stake in Transmile," he said.

Meanwhile, Adam said he had said what need to be said to the PAC. "It's up to the PAC. I have my own information and I have shown it to them," he said. - Bernama


No comments:

Post a Comment