Monday, October 24, 2011

AG Audit Report 2010

The Auditor General Report 2010 contains some very interesting findings. The following excerpts were taken from The Sun daily newspaper on the summary of the audit report:
"...The audit showed that last year, 17 ministries were ranked 'very good' in this category compared to just 10 in 2009, while government departments also showed encouraging progress, with 13 departments ranked 'very good' compared to only four the previous year. However, Auditor-General Tan Sri Ambrin Buang said the performance could be improved further if the head of departments or supervisors do not only take corrective action but also preventive measures to overcome weaknesses".
Sample financial shenanigans have also been highlighted by the AG Report 2010:
(1) Giatmara, a subsidary of Majlis Amanah Rakyat (MARA), bought equipment for its skills training programmes at grossly inflated prices;
(2) Nine ministries were found to have overspent RM3.73 billion of its operational allocation;
(3) 11 government-linked companies (GLCs) only paid dividends to the government in certain years despite making profits for three consecutive years;
(4) Deals worth millions of ringgit made by Tourism Promotion Board via direct negotiation, without approval of the Finance Ministry;
(5) More than half of the 143 Kemas kindergartens in Johor, Kelantan, Kedah and Sabah do not adhere to the menu prepared by the Rural and Regional Development Ministry;
(6) More than 130 of about 1000 health ministry staff quarters have been abandoned for up to 12 years;
(7) RM2.57 million pension paid out to about 2,000 dead pensioners.