KUALA LUMPUR: Former Treasury secretary-general Tan Sri Dr Mohd Irwan Serigar Abdullah has welcomed police investigation into the report of alleged misappropriation of taxpayers’ money.
In a statement today, he said the police should be allowed to conduct thorough investigation on the matter including consulting all parties, including those in the Finance Ministry’s Cash Management Committee.
“They know the truth and the financial operating procedures that we have to abide to in managing the country’s finances.
“In the end, Allah knows the truth and will protect the innocent.” he added.
Mohd Irwan's comment came after the Inland Revenue Board (IRB) gave its assurance that it would fully cooperate with the special police taskforce established to investigate the case.
Its chief executive officer Datuk Seri Sabin Samitah reportedly said that there has been a shortage in channelling tax returns collected to Tax Refunds Trust Fund (TRTF).
The matter came to light after Finance Minister Lim Guan Eng said as of May 31 this year, RM16.046 billion in outstanding tax refunds had not been returned by the IRB.
The outstanding tax refunds involved 1,653,786 cases of companies, individuals, societies and foundations.
He added that it was clear that the RM14.56 billion was not transferred from the Consolidated Fund to TRTF and had been recognised as government revenue by the previous government, and allegedly used for various other purposes. © New Straits Times Press (M) Bhd