KUALA LUMPUR: The Armed Forces Fund Board (LTAT) will have to answer to the Public Accounts Committee (PAC) after it was revealed that it had accumulated huge losses over the last few years.
The Auditor-General’s Report found that LTAT’s reserves were in the negative with RM376mil in 2020 and RM258mil in 2021. In 2022, the figure was RM338mil.
