The firm under the Science, Technology and Innovation Ministry was found to have paid its co-chairman RM5,000 monthly, or a total of RM406,452 from 2016 and 2019.
In response, MIGHT said that the monthly allowance was made as payment of expenses incurred by the co-chairmen in carrying out their duties, including attending meetings and company activities. The audit also found that the firm had used RM84,587 from members’ fees and programme income to organise a golf tournament in 2018 without pre-planning.