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International firm to audit Mara’s assets

Mara chairman Annuar says the agency doesn't have the expertise to do the job.

Mara chairman Annuar says the agency doesn't have the expertise to do the job.

Syndicated News
Written by Syndicated News

KUALA LUMPUR — October 22, 2015: Majlis Amanah Rakyat (Mara) has sought the service of an international audit firm to carry out audit on the procurement of all its assets and properties, including in Australia.

The agency’s chairman Tan Sri Annuar Musa said the firm would carry out the job in detail on all aspects, including forensic audit.

Apart from internal audit and investigations carried out by the police and the Malaysian Anti-Commission Commission (MACC), Annuar considers the external audit as important as Mara has its limitations in terms of expertise.

Annuar, who is also Ketereh Member of Parliament, also commented today on the recent allegation by Pandan MP Rafizi Ramli that action had yet
to be taken against the Mara officers mentioned in a trial in Australia.

“No one is being charged, we only know that there are certain names being mentioned…we cannot say they are guilty just because their names were
mentioned, that’s unfair,” he said.

Annuar also asked anyone with evidence or document pertaining to Mara’s acquisition of property in Australia to submit it to the MACC.

“Rafizi recently claimed that he had evidence or document pertaining to the case, so I’m asking anybody, including him, to give it to the MACC because I’m afraid that it will be an offence if they withhold evidence,” he said.

Annuar said Mara is also in the midst of discussing with two local commercial banks to raise a RM1 billion fund to finance its students
following the depreciation of the ringgit.

“In principle, the banks have agreed on an amount but there are terms that need to be further discussed.” — Bernama

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