KUALA LUMPUR: The Defence Ministry's decision to stop the investment portfolio restructuring plan of the Armed Forces Fund Board (LTAT) implemented by the previous management has hindered the comprehensive transformation process of LTAT, according to the Public Accounts Committee (PAC).
PAC chairman Datuk Mas Ermieyati Samsudin (pic) said the primary initiative in the LTAT Strategic Plan 2023-2025, which includes the restructuring of Boustead Holdings Berhad (Boustead Holdings), which was launched in July 2023, was described as a practical plan.
