Kuala Lumpur: The Accountant General’s Department of Malaysia (AGD) has uncovered a case of financial fraud involving a federal department, resulting in losses amounting to RM10.4 million.

According to BERNAMA News Agency, Accountant General Nor Yati Ahmad revealed that the case involved public servants and is among several identified between 2019 and 2024, with total losses estimated at RM18 million. “Enforcement action has already been taken in connection with the case,” she stated at a press conference following the launch of the Accounting Fraud Task Force (KKFP).

The launch event was attended by Malaysian Anti-Corruption Commission (MACC) Chief Commissioner Tan Sri Azam Baki and Auditor General Datuk Seri Wan Suraya Wan Mohd Radzi. Nor Yati explained that the fraud involved manipulation of financial systems and unauthorized changes to accounting procedures.

The AGD is adopting a proactive approach by utilizing digital tools to analyze financial data and identify suspicious transactions or early warning signs. “We’re no longer relying solely on third-party reports. Technology-driven monitoring has become part of our standard operations and will continue to be strengthened,” Nor Yati emphasized.

In her speech, she also addressed the increasing complexity of public sector accounting due to rapid technological and socio-economic developments, necessitating stronger collaboration across agencies. The establishment of KKFP aligns with the Madani government’s focus on integrity and good governance and is expected to bolster fraud prevention efforts in the public sector.

Nor Yati affirmed the AGD’s commitment to supporting KKFP through strategic collaboration with relevant agencies. “With collective efforts and the sharing of best practices, we can significantly improve the detection and prevention of financial fraud,” she concluded.