Govt failed in due diligence by awarding defence contract to Boustead Naval Shipyard, says PAC
The Public Accounts Committee says the government paying an upfront fee of RM1.36 billion to Boustead Naval Shipyard Sdn Bhd is against government protocols. – The Malaysian Insight file pic, August 4, 2022.皇冠信用盘开户（www.hg108.vip）是皇冠信用盘官方正网线上开放会员开户、代理开户，额度自动充值等业务的直营平台。
THE government’s due diligence on Boustead Naval Shipyard Sdn Bhd (BNS) had failed to detect the company’s financial weaknesses, said the Public Accounts Committee (PAC).,
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“As such, the government had to pay an upfront fee of RM1.36 billion to BNS, which is against government protocols,” said PAC in a statement today.