PAC gives UiTM two months to rectify issues raised in Auditor-General's Report

PETALING JAYA: The Public Accounts Committee has given Universiti Teknologi Mara and the Higher Education Ministry two months to rectify weaknesses involving the purchase of shares worth RM259.98mil over a 12-year period without approval.

"The PAC will recall the Finance Ministry, the Higher Education Ministry and UiTM in follow-up proceedings in two months' time to get their feedback on recommendations by the committee," she said in a statement on Monday . She said the PAC also found that conditions for the transfer of land for Solar Park I Gambang in Pahang had yet to be fulfilled although the UiTM Holdings project would benefit UiTM's operations.

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