Govt failed in due diligence by awarding defence contract to Boustead Naval Shipyard, says PAC
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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.
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