PETALING JAYA: The Armed Forces Fund Board (LTAT) has recorded negative balances in its reserves since 2020, the Auditor-General’s Department has found after inspecting the accounts of federal agencies for 2022.
It was found that LTAT’s reserves recorded negative figures of RM376mil in 2020 and RM258mil in 2021. In 2022, the figure was RM338mil.
