A-G report: National Council of Professors needs ‘thorough overhaul’ after misusing almost RM400,000 to finance private companies

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Auditor-General’S Report News

National Council Of Professors

RM373,516 of MPN’s funds were used to finance the operations of two companies which were not its subsidiaries. The two companies were operating in MPN’s headquarters...

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KUALA LUMPUR, July 4 — The Auditor-General’s Report 2024 released today revealed that the National Council of Professors had misused RM373,516 to finance the operations of two companies and channelled a total of RM207,000 of fixed allowances to its chairman and deputy chairman. “JPM needs to take appropriate action against MPN’s management to identify the irregularities by checking with the relevant enforcement agencies and MPN’s management needs to be thoroughly overhauled,” the report suggested.

 

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