Sabah Umno: We did not mismanage state funds

  • Nation
  • Thursday, 06 Dec 2018

KOTA KINABALU: The Auditor-General’s Report 2017 on Sabah which showed a surplus in the state consolidated funds is a clear repudiation of Parti Warisan Sabah-led government’s claims that the previous government mismanaged state funds, says state Umno liaison chief Datuk Seri Hajiji Noor.

In a statement, he said the latest Auditor-General’s report on Sabah finances also vindicated former chief minister Tan Sri Musa Aman.

The 2017 report is a continuation of similar reports for the last 15 years under the tenure of Musa as Sabah’s finance minister, he said.

He said Musa even managed to present a surplus budget for 2018 despite the dismal price of oil then, and surplus accounts were recorded for 16 years in a row.

“In terms of basic accounting, that means the previous administration did not spend more than it earned, a far cry from Warisan’s claim that the state’s finances were badly managed and that the party was left with not much to fulfil their manifesto,” Hajiji said.

He said the Warisan state government had been saying repeatedly that Sabah’s finances were in dire straits, thus hampering its efforts to deliver its promises to the people.

Hajiji said the report stated that the state consolidated funds under Musa’s tenure rose last year.

Investments in fixed and state deposits topped RM2.51bil and investments in public corporations and statutory bodies totalled RM6.58bil, he said.

The two investments brought in RM112.67mil and RM140.43mil in interest and dividends, he said.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3

News , bureaus


Did you find this article insightful?


Next In Nation

Couple sentenced to death for murdering daughter in Terengganu
Malaysian woman, Pakistani man found dead in KL flat
Larry Sng, Steven Choong sacked from PKR
Muhyiddin: Declaration of Emergency not due to politics, appropriate move in response to health crisis
Muhyiddin shows his mettle in his first year as Prime Minister
Kedah MB gets his Covid-19 vaccination, urges public to have positive attitude to immunisation programme
Deputy Speaker: Parliament not reconvening on March 8
Covid-19: Nine more clusters reported, total cases breach 300,000
Khairy: Ministry monitoring allegations of Covid-19 vaccine queue-jumping
Covid-19: Cases up by 2,437 bringing total to 300,752 (updated daily)

Stories You'll Enjoy