AES: LTAT members need not worry, says Mindef

Nurul Hidayah Bahaudin

KUALA LUMPUR: The Defence Ministry (Mindef) has assured that the interests of members of the Armed Forces Fund Board (LTAT) will be protected following the contract termination of the Automated Enforcement System (AES) project. Mindef in a statement today said the government had agreed to hold further meeting with LTAT involving Transport Ministry (MoT), Finance Ministry, Mindef and Attorney-General’s Chambers to discuss the matter. “LTAT invested a large amount of money in the implementation of AES. The meeting will discuss on the legal aspects and financial implications of contractual obligations. “As military personnel contributed to the fund, Mindef assures that the interests of LTAT will be protected,” the statement said. Mindef said it was aware of polemic among netizens about the fairness of LTAT’s involvement in AES project and said that a detailed investigation needed to be conducted. “Mindef is always open to any inquiry by the authorities if there are governance issues related to LTAT investment.” The statement also explained the Cabinet agreed that LTAT took over AES from Beta Tegap Sdn Bhd and ATES Sdn Bhd on Jan 14, 2015. The concession operated by LTAT is effective from Jan 14, 2015 until Aug 31, 2018. On Aug 17, the government decided that the AES contract which would end this month would not be renewed. The operation, development, maintenance and enforcement of AES would be fully handled by the MoT and Road Transport Department. © New Straits Times Press (M) Bhd