A-G’s report: Poverty eradication initiative in Sabah fails to achieve aim


KOTA KINABALU: A poverty eradication initiative through the Saham Sabah Bhd (SSB) had failed to achieve its aim due to the various problems affecting the state-owned unit trust, highlighted in the 2014 Auditor-General’s report.

In its performance of the Sabah Finance Ministry, the report in on SSB that was now required to pay Bank Negara some RM40mil in 10 instalments over the failed scheme.

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AG's report , Sabah , Poverty

   

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