KUALA LUMPUR, Jan 26 ― “Financial crocodiles” who make false claims to obtain government funds cause those who should actually benefit to be left out, and this prevents...
KUALA LUMPUR, Jan 26 ― “Financial crocodiles” who make false claims to obtain government funds cause those who should actually benefit to be left out, and this prevents the economy from growing as expected, says Malaysian Anti-Corruption Commission deputy chief commissioner Datuk Seri Ahmad Khusairi Yahaya.
The government, he said, had provided funds through initiatives and institutions such as the National Economic Recovery Plan , the Malaysian Indian Transformation Unit , and the Malaysia Automotive, Robotics and IoT Institute with the aim of helping the people affected by economic pressure throughout the Covid-19 pandemic.
“As a result, genuine employees are laid off, graduates remain unemployed, traders who should receive benefits and assistance, are simply marginalised and forced to close their businesses,” he said in a statement today. According to him, the government also has no clear mechanism to monitor programmes or activities carried out to ensure that they are actually implemented with the right number of participants and there are no clear rules or laws to take action against applicants such as having them blacklisted, filing civil suits and reclaiming unused funds,” he said.
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