RM384mil of unused Navy spare parts now obsolete

Sunken cost: The revelation regarding the Navy was included in the A-G’s Report 2/2024 tabled in the Dewan Rakyat yesterday.

KUALA LUMPUR: Spare parts for Royal Malaysian Navy ships worth RM384.49mil were not utilised, resulting in wasteful expenditure, according to the Auditor-General’s Report 2/2024.

The report also found weaknesses in the procurement of new vessels, which were not on schedule.