SC imposes RM50,000 fine on Morison AAC partner


Hafiz, who was an AOB registrant, breached Section 31Z(2) of the Securities Commission Malaysia Act 1993 (SCMA).

KUALA LUMPUR: The Securities Commission’s Audit Oversight Board (AOB) has imposed a fine of RM50,000 on Muhamad Hafiz Che Yusof, a partner of Morison AAC PLT.

According to statement posted on its website on Wednesday as Hafiz failed to comply with the International Standards on Auditing when auditing a public interest entity (PIE).

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