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I thank the Tourism Minister, Datuk Azalina Othman for giving me a copy of the Summary Report of the PricewaterhouseCooper review of Tourism Ministry’s subsidiary, Pempena Group of Companies but I will write to her for a copy of the Final Report, as the implicit promise she made in Parliament during her winding-up of the 2009 Budget debate on Nov. 3 was for a full and unqualified disclosure of the PricewaterhouseCooper report.
I must admit that I am somewhat surprised by the PricewaterhouseCooper summary report as the Tourism Minister had led Parliament to believe that it is an audit of the various financial scandals of the Pempena Group of Companies, but clearly this important brief was excluded from PricewaterhouseCooper’s terms of reference, which is a clinical “high level business review” of selected investments by Pempena Sdn. Bhd and “specifically does not include any investigative audit or forensics work”. In fact, it is mentioned in the PricewaterhouseCooper summary report that the investigation into the various financial scandals in the Pempena Group of Companies are “separately performed internally” in an internal audit of Pempena. Why did Azalina hide the fact from Parliament that there had been an internal audit by the Tourism Minsitry of the various financial scandals of its stable of Pempena Group of Companies, which includes its affiliates Malaysian Travel Business Travel Sdn. Bhd and SD Corp Communication Sdn. Bhd and that such an internal audit had been completed by 14th August 2008? Is Azalina prepared to table the Tourism Ministry’s internal audit inquiry into the various financial scandals of the Pempena Group of Companies in Parliament? READ MORE HERE: http://blog.limkitsiang.com/
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