KUALA LUMPUR: THE Auditor-General said national sewerage company Indah Water Konsortium Sdn Bhd (IWK), had suffered net losses over three consecutive years largely due to its low tariff - which has not been raised since 1994.
IWK accumulated losses of RM888.81mil between 2008 and 2010, which is also partly due to rising operational costs and loss of income due to various decisions by the Federal Government.
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