Misappropriation of vehicle import licence: Nine companies blacklisted

He said the compliance audit covered the entire import process until the vehicle was sold and registered, in addition to ensuring that Open APs holding companies complied with the existing guidelines.

“The ministry has been conducting regular compliance audits since 2009 to ensure that AP abuse is resolved,” he said. He said this in a written reply to a question from Pang Hok Liong who wanted to know whether a forensic audit was required to be carried out on all existing AP recipients, to ensure that no leakage and corruption elements occurred in the awarding of contracts and the distribution of APs.

“In addition, for new applications to become open AP companies, the cars and motorcycles have to be evaluated and audited by a qualified external auditor appointed by the ministry,” he said. – Bernama

Only nine?

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