The incident was sparked after Mohamad Ariff ruled that there were no grounds to refer Lim to the committee over his statement that RM15mil in GST refunds was “stolen” by the previous Barisan Nasional administration, denying a motion filed by Opposition leader Datuk Seri Ismail Sabri Yaakob.
He noted the PAC's findings that there have been procedural and accounting weaknesses, where GST refunds were channelled to the Consolidated Fund account. The PAC report also found that the previous administration had delayed the transfer of funds from the Consolidated Fund account into the GST refund account to manage the country's cash flow position to ensure the nation was not in deficit management.
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