The state government will continue to carry out forensic audit on Johor’s government-linked companies (GLCs), said Mentri Besar (MB) Datuk Osman Sapian (picture).

He said the need is there, after scrutinising the financial accounts of these GLCs.

Independent audit firms will be engaged to carry out the financial inspection of these companies’ accounts to determine if there are any leakages in expenditure under the previous government.

Johor Corp (JCorp) and YPJ Holdings Sdn Bhd have been identified for forensic auditing, said Osman during the winding-up of the Johor 2019 Budget at the State Legislative Assembly in Kota Iskandar yesterday.

“As an example, JCorp has debts of RM4.16 billion. 

“I don’t deny that JCorp has contributed significantly to Johoreans in many ways in the likes of Waqaf An-Nur Clinics, employment opportunities and affordable houses and many more,” he said.

Osman admitted that JCorp is also consistent in its repayment of loans as scheduled.

“However, there is still a need to carry out a forensic audit to determine if there are any leakages.”

The MB announced on Nov 16 that the state will carry out the audit to find out why things such as business duplications occur. — Bernama