Boustead S Lcs Audit Report Made Public

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The LCS project to build six frigates for the navy has come under scrutiny over delays in construction and allegations of corruption.PETALING JAYA: A forensic audit report on the late delivery of navy frigates in the littoral combat ship (LCS) project has been made public at the Parliament website, defence minister Hishammuddin Hussein said.
The report was prepared for Boustead Heavy Industries Corporation (BHIC), a major shareholder of Boustead Naval Shipyard Sdn Bhd (BNS), which is the defence ministry contractor to build the frigates.
Hishammuddin said Boustead had agreed to declassify the report.
In a letter to parliament’s Public Accounts Committee, the company said the report as submitted, “Review of the LCS Programme”, contained only the portion to do with the LCS forensic audit.
BHIC said its board of directors had agreed to declassify its internal forensic audit report in line with a Cabinet decision and was making its findings on the LCS project available to the public.
The rest of the report deals with other company matters, the company said.
Last week, Umno Youth chief Asyraf Wajdi Dusuki revealed that Hishammuddin had ordered BHIC to declassify the report into the late delivery of the LCS’.
Asyraf said that the report will shed light on the mastermind behind the corruption and misappropriation that plagued the company.
Last Wednesday, Putrajaya had declassified a report on the project by the governance, procurement and finance investigation committee.
It came two weeks after Parliament’s watchdog, the PAC, released a report into the troubled RM9 billion project, which has suffered years of delays.
On Aug 16, former BNS managing director Ahmad Ramli Mohd Nor was charged with three counts of criminal breach of trust involving RM21.08 million.
MORE TO COME - FMT

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