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Home Uncategorized AGD uncovers RM10.4 mln fraud at Malaysian office in London
Uncategorized

AGD uncovers RM10.4 mln fraud at Malaysian office in London

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Borneo Post Online
3

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Malaysia's Accountant General's Department (AGD) uncovered a RM10.4 million fraud case within a government office in London. This case, involving public servants manipulating financial systems and altering accounting procedures, is one of several discovered between 2019 and 2024, totaling RM18 million in losses. The AGD is implementing proactive measures, including digital tools for data analysis and suspicious transaction identification, to combat future fraud. Enforcement action has already been taken in the London case.

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