LCS scandal: Up to RM890mil lost due to mishandling, says audit report


PETALING JAYA: Mismanagement and irregularities in the littoral combat ship (LCS) project could cause potential losses of RM890mil, the declassified forensic audit report indicates.

These losses were incurred by overlapping letters of award (LOAs), double claims, currency conversion, undelivered items, and alleged dummy payments to companies.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Selangor orders probe into alleged illegal forest clearing in Hulu Langat, says MB
Umno not yet ready to discuss Bung Moktar’s replacement, says Puteri chief
Road safety drive in Sarawak
SMEs can’t afford two-month bonus
‘Girls can roar too’ with school’s first female lion dance team
Gradual transition to new MyKad
Holiday spirit to grace historic chapel
Students build, code and conquer
Student earns�PhD�while battling cancer
Anwar calls for inclusive social protection reform

Others Also Read