Defence Ministry ready to provide PAC with explanations on LTAT reserves, says Khaled

The Star 2024-03-10

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The Defence Ministry is ready to provide explanations to the Public Accounts Committee (PAC) regarding the negative reserve balance of the Armed Forces Fund Board (LTAT), should they be summoned.

Its Minister Datuk Seri Mohamed Khaled Nordin on Sunday (March 10) said that the Auditor-General's Report 2022 that brought this issue to light only highlighted a single fund, whereas LTAT had three reserve funds, which collectively were in a positive position during the specified year.

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