Explain retention sum waiver, former Perak MB told
Chong said Zambry must also explain why the funds were released to Sanderson Design Group Sdn Bhd before the completion of the Movie Animation Park Studios . — Picture by Farhan Najib
Chong, who heads the Perak Corporation Bhd audit committee, said the Special Internal Audit Report on MAPS found the amount retained was released prior to the completion of the project. On April 7, 2016, ATP made the decision to waive the retention sum and release RM15.33 million to SDGM, upon the receipt of a corporate guarantee for 5 per cent of the contract value from SDGM, added Chong.
Chong questioned how Zambry agreed to release the entire retention sum to SDGM prior to the completion of the project.
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