New Straits Times

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New Straits Times
February 28, 2025 at 03:41 AM
💸 Millions lost, institutions in crisis, and a deepening fraud network — what does it all mean for Malaysians? 🎙️ The latest episode of Beyond the Headlines breaks down the Auditor General’s Report, which exposed financial mismanagement, governance failures, and rising debt in key institutions. Meanwhile, the TriumphFX scam defrauded investors of RM23.7 million through fake forex schemes and aggressive Zoom-based recruitment. Economist Prof. Dr Barjoyai Bardai and fund manager Neoh Jia Man joined the discussion. WATCH: https://youtu.be/UGN1LFsFV0s?feature=shared ALSO READ: 1) BTH: AG Report, TriumphFX and Media Council Bill [WATCH] https://www.nst.com.my/news/nation/2025/02/1181630/bth-ag-report-triumphfx-and-media-council-bill-watch 2) Govt resolves 11,594 audit issues, 799 still under review https://www.nst.com.my/news/nation/2025/02/1179504/govt-resolves-11594-audit-issues-799-still-under-review 3) Corruption watchdog calls for reform after major losses in govt subsidiaries https://www.nst.com.my/news/nation/2025/02/1179762/corruption-watchdog-calls-reform-after-major-losses-govt-subsidiaries 4) Over RM23.7mil lost in TriumphFX scam, 72 reports filed https://www.nst.com.my/news/crime-courts/2025/02/1180640/updated-over-rm237mil-lost-triumphfx-scam-72-reports-filed #financialscandal #auditorgeneralreport #triumphfx #beyondtheheadlines
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