KUALA LUMPUR, May 19 — The Accountant-General’s Department of Malaysia (AGD) has uncovered a financial fraud case involving a federal department, which resulted in losses of RM10.4 million.
Accountant-General Nor Yati Ahmad said the case involving public servants is among several identified between 2019 and 2024, with total losses estimated at RM18 million.
“Enforcement action has already been taken in connection with the London case,” she told a press conference after the launch of the Accounting Fraud Task Force (KKFP) today.
Also present at the launch were Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki and Auditor-General Datuk Seri Wan Suraya Wan Mohd Radzi.
Nor Yati said the fraud involved manipulation of financial systems and unauthorised changes to accounting procedures.
She said the AGD is now taking proactive steps by using digital tools to analyse financial data and identify suspicious transactions or early warning signs.
“We are no longer relying solely on third-party reports. Technology-driven monitoring has become part of our standard operations and will continue to be strengthened,” Nor Yati said.
Meanwhile, in her speech, she highlighted the increasing complexity of public sector accounting due to rapid technological and socio-economic developments, which require stronger collaboration across agencies.
The establishment of KKFP aligns with the Madani government’s focus on integrity and good governance, and is expected to enhance fraud prevention efforts in the public sector.
“The AGD is fully committed to supporting KKFP through strategic collaboration with relevant agencies.
“With collective efforts and the sharing of best practices, we can significantly improve the detection and prevention of financial fraud,” Nor Yati said.
— Bernama
