Guan Eng drops another GST bombshell: Missing amount is larger

KUALA LUMPUR: Finance Minister Lim Guan Eng has not only stood by his allegations that the previous government had falsified the Goods and Services Tax (GST) credit refund, but claims that the missing amount was even larger than he had declared in Parliament last week.

“The actual amount of shortfall in the fund for unpaid GST input tax is RM19.248bil, and not RM17.911bil which I had reported to the House last week,” Lim said in Parliament on Monday (Aug 13).