SCwatch


SIME’S CONFESSIONS : BUT WHERE ARE AUDITOR’S?

Well, the long awaited forensic report about the losses incurred by Sime Darby’s Energy & Utilities division is out.

And no surprises as far as corporate Malaysia is concerned! click HERE

It was wrong doings galore but the details and people involved have not been made public …. apparently under legal advice.

But from the reading of it, action will be taken in the form of  legal action and reports to the relevant authorities.

The question that begs to be asked is ….. will the legal action be whimpers / wrist slappers …… and will the relevant authorities take the requisite action and charges that befits the wrong-doing?

The public awaits with anxiety …… with equal wonder as to whether the auditors will take their share of the flak too!

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