SHAH ALAM: Run for your lives. Its appears that there was possible irregularities had occurred in Boustead Naval Shipyard as it manages the Littoral Combat Ship (LCS) project. The possible irregularities – likely graft – was uncovered by a forensic audit conducted by Boustead Heavy Industries Corporation Bhd (BHIC), the associate company of BNS. BHIC lodged a report with MACC over the irregularities in September.
From the Edge.
BHIC said the findings of the forensic audit, which was commissioned in February 2020, were handed over to the MACC in September.
“This stands testimony to the BHIC’s group commitment in fighting corruption and bribery at all levels of the organisation and in all its business dealings. This is in line with its core corporate values of belonging, honour, integrity and commitment,” BHIC chairman TS Ramlan Ali said.
“BHIC Group would like to categorically state that it takes a zero-tolerance approach to bribery and corruption outlined in the MACC Act 2009. As enshrined in the group’s Anti-Bribery and Anti-Corruption Policy Statement, we abide by the Guidelines of Adequate Procedure pursuant to Section 17A of the Act,” BHIC said in the statement.
In fact, it highlighted that the board of directors have already undergone major revamp in 2019 and 2020 to enhance corporate governance by appointing personalities known for their expertise in their respective fields.
“BHIC reiterates that the company will extend its fullest cooperation to MACC and other authorities in any investigation on the LCS project. It has had several discussions with MACC following the submission of the forensic audit report,” it added.
Ramlan, a former navy chief took over as chairman of BHIC as part of the major revamps mentioned above.
It is interesting to note that the MACC report was lodged in September and BHIC only chose to highlight it, two months later. And unlike other cases it appears that so far no one has reported whether or not – serving or former – BNS personnel had been asked to appear or detained by the MACC to assist in the investigations unlike other graft cases.
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