MOF to be called to explain Lada’s huge losses

KUALA LUMPUR: The Finance Ministry will be called up on Nov 30 to explain the Auditor-General’s Report 2022 findings on the Langkawi Development Authority’s (Lada) management of property development, says the Public Accounts Committee (PAC).

PAC chairman Datuk Mas Ermieyati Samsudin said the committee’s proceedings would focus on, among others, misappropriation of funds, power abuse, wastage and negligence.