Audit: 8 borrowers with RM522m debt got write-off approval in 2020

Eight borrowers with outstanding loans totalling RM522.37 million got approval for a write-off in 2020, according to the Auditor-General’s Report.

The report said among the borrowers who got the write-off approval were Malacca with RM216.75 million, Pahang (RM205.72 million), Dewan Bandaraya Kuala Lumpur (RM42.02 million) and Syarikat Lebuhraya Shapadu Sdn Bhd (RM32.13 million).

In line with the write-offs, a sum of RM171.06 million has been adjusted with the Loan Registry...