📈 Explore REIT Investing with a Smarter Trading App

Perfect for investors focused on steady income and long-term growth.

📈 Start Trading Smarter with moomoo Malaysia →

(Sponsored — Trade REITs & stocks with professional tools and real-time market data)

The 2026 Auditor-General’s Report identifies 273 new financial management issues, while also facilitating RM316.68 million in government recoveries

KUALA LUMPUR: The Auditor-General’s Report (LKAN) 1/2026 has identified 273 new issues concerning financial management and governance at federal and state levels.

Auditor-General Datuk Seri Wan Suraya Wan Mohd Radzi said the report, tabled in the Dewan Rakyat, spans 15 volumes and covers the 2024 financial statements of federal agencies.

It also audits the activities of federal and state ministries, departments, and statutory bodies.

All identified issues are accessible on the Auditor General’s Dashboard for continuous monitoring by authorities.

The AGD system facilitated government recoveries and repayments totalling RM316.68 million between 2024 and December 2025.

Of this, RM221.52 million came from federal agencies, including penalty claims and outstanding collections.

Wan Suraya noted that 128 of the 143 submitted financial statements received an unqualified audit opinion. Fifteen statements received a modified opinion from the Auditor-General.

This year’s audit focused on serious irregularities at Universiti Kebangsaan Malaysia.

These involved revenue collection and irregular expenditures from cooperation agreements executed without Finance Minister approval.

“These serious irregularities were referred to the First Committee on Serious Irregularities 2026,” Wan Suraya said.

This action utilises the Auditor-General’s expanded powers under the amended Audit Act 1957.

The amendments also expanded the National Audit Department’s authority to audit other entities, including companies with public interest.

Audits via the e-SelfAudit System revealed companies operating outside their founding objectives.

Some companies failed to pay dividends despite profits, while others faced operational challenges even with government support.

The LKAN 1/2026 also includes performance audits of high-impact programmes.

These cover the Research, Development, Commercialisation and Innovation Programme and the MyDigital ID Development Project.

The public can access the federal-level report on the National Audit Department’s website.

 The Sun Malaysia

📈 Explore REIT Investing with a Smarter Trading App

Perfect for investors focused on steady income and long-term growth.

📈 Start Trading Smarter with moomoo Malaysia →

(Sponsored — Trade REITs & stocks with professional tools and real-time market data)

About the Author

Danny H

Seasoned sales executive and real estate agent specializing in both condominiums and landed properties.

{"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}