Ministry's audit finds leakages in delivery of cooking oil subsidy

Cooking Oil News

Ministry's audit finds leakages in delivery of cooking oil subsidy
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SINGAPORE: Heavy rain caused a flash flood along Ophir Road on Sunday (Nov 17) afternoon, amid a downpour over several parts of Singapore.

PUTRAJAYA: An audit to gauge the implementation of the cooking oil subsidy has found leakages in some areas, says Datuk Armizan Mohd Ali .

He said the ministry began the full audit last month to determine the effectiveness and weaknesses of the subsidy.“With the audit, we will be able to list the actual need for the product, how to improve the implementation of the subsidy, and a mechanism to reduce leakages and misappropriation,” he told reporters after the launching of the Cost of Living Symposium on Tuesday .“We will be able to have a clearer scenario once the audit is completed in January.

He said RM500mil had been allocated for cooking oil subsidy this year but price increases could drive the amount up to RM1.9bil by year's end.

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