LTAT dividends delayed due to BN-era administrative issues

The Armed Forces Fund Board (LTAT) dividend has yet to be announced because of administrative problems stemming from the previous BN government, Defence Minister Mohamad Sabu said today.

Mohamad attributed the delay in the announcement to many accounts not being properly reflected as a result of the previous government’s administration.

"The announcement will also take time, because of the censure received after the completion of the audit process. So we need to check first. 

"In addition, my ministry is also among the ministries investigated by the Governance, Procurement and Finance Investigation Committee chaired by Ambrin Buang,” he said at a press conference in conjunction with the Langkawi International Maritime and Aerospace Exhibition (Lima) today.

- Bernama