Penang Hindu Endowments Board uncovers ‘red flags’ in internal audit, hands findings to MACC, says chairman

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Penang Hindu Endowments Board uncovers ‘red flags’ in internal audit, hands findings to MACC, says chairman
Penang Hindu Endowments BoardMalaysian Anti-Corruption Commission MACCAudit
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GEORGE TOWN, Aug 29 — The Penang Hindu Endowments Board (HEB) submitted the findings of its internal forensic audit report to the Malaysian Anti-Corruption Commission (MACC)...

Chairman RSN Rayer said the Penang Hindu Endowments Board submitted the findings of its internal forensic audit report to the Malaysian Anti-Corruption Commission yesterday alleging it had identified several ‘red flags’. — Picture by Yusof Mat IsaGEORGE TOWN, Aug 29 — The Penang Hindu Endowments Board submitted the findings of its internal forensic audit report to the Malaysian Anti-Corruption Commission yesterday alleging it had identified several ‘red flags’.

“In the internal audit, we discovered several ‘red flags,’ which include certain things not done according to procedure and matters that require attention, especially from the authorities. Rayer, who has served with HEB Penang since 2008 as a commissioner and deputy chairman, explained that he could not disclose the contents of the forensic audit report to avoid compromising any further actions by the MACC.

HEB is an agency established to administer, maintain, and oversee Hindu endowments; manage various assets, including money and jewellery from endowments and temples; and investigate any Hindu endowments in Penang. — Bernama

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