Two statutory bodies with outstanding borrowings – the Public Sector Home Financing Board (LPPSA) and the National Higher Education Fund (PTPTN) – took on new debt of RM5 billion each in 2022 to service existing debt, a concern flagged by the Auditor-General (A-G).
This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source
