Prasarana to lodge report with MACC, SSM over project in Saudi Arabia

Prasarana Malaysia Bhd (Prasarana) will lodge a report with the MACC and Companies Commission of Malaysia (SSM) over Al Mashaaer Al Mugaddassah Makkah Metro Southern Line (MMMSL) project in Saudi Arabia which caused Prasarana to incur audited losses amounting to 417 million Saudi riyals (RM500 million) for the financial year 2019.

Chairperson Tajuddin Abdul Rahman (above) said the decision came at the conclusion of an 18-month internal audit and forensic investigation exercises that also included an audit review by PriceWaterhouseCoopers Advisory Services...