Surprise Me!

Boustead LCS audit finds RM890m potentially lost due to mismanagement

2022-08-25 376 Dailymotion

An estimated RM890 million may have been lost in the early stages of the littoral combat ship (LCS) project, according to a forensic audit.<br /><br />The audit report, ordered by Boustead Heavy Industries Corporation (BHIC), said the potential losses stemmed from six cases.<br /><br />BHIC is the parent company of Boustead Naval Shipyards (BNS), the main contractor of the LCS project.

Buy Now on CodeCanyon