Finas under internal audit over missing millions, says minister | Malaysia

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Communications and Multimedia Minister Gobind Singh Deo speaks at the Malaysiakini E-Commerce Entrepreneurship Summit in Seri Kembangan October 11, 2018. — Picture by Miera Zulyana
Communications and Multimedia Minister Gobind Singh Deo speaks at the Malaysiakini E-Commerce Entrepreneurship Summit in Seri Kembangan October 11, 2018. — Picture by Miera Zulyana

SERI KEMBANGAN, Oct 11 — The amount of money suspected to have been embezzled from the National Film Development Corp Malaysia (Finas) could be higher than the initial estimate of RM16 million, Communications and Multimedia Minister Gobind Singh Deo said today.

He said the Malaysian Anti-Corruption Commission (MACC) is investigating RM25 million missing from Finas.

“Actually, the MACC’s investigations involve RM25 million,” he told reporters at the Malaysiakini E-Commerce Entrepreneurship Summit.

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