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Monday, January 30, 2023

Ismail Sabri denies claims of unrecorded RM620 billion expenditure in government’s books

NewsIsmail Sabri denies claims of unrecorded RM620 billion expenditure in government's books

Former prime minister Datuk Seri Ismail Sabri Yaakob has denied claims of an unrecorded MR620bil in expenditure during his tenure as the prime minister, adding that it is fake news.

On his social media accounts, Ismail said that the post by a person known as Yusoff Bachek, who handles Twitter account @mohayusba, was not true.

Ismail explained that a total of RM530 billion has been spent on eight stimulus package from 2020 to 2022 and they were all accounted for in the government accounts.

“I would like to stress that these allegations are not true at all, and all government expenditures have been recorded accordingly in the government’s statement of accounts.”

“The total value of eight stimulus packages was RM530 billion, where a big portion of it did not involve government expenses, such as the bank loan moratoriums.”

Source: Facebook

“Direct government spending was only RM110 billion and this allocation was approved by Parliament unanimously,” Ismail said.

Earlier, Twitter user @mohayusba claimed that RM620 billion of government spending between 2020 and 2022 during the movement control order went unrecorded in the Treasury Department’s books.

The user claimed that the expenditure happened during former prime ministers Tan Sri Muhyiddin Yassin and Ismail Sabri’s time and this was the reason why both Muhyiddin and Ismail Sabri did not want others to become the prime minister after the 15th General Election.

Here’s a reminder to not share information before verifying it. You may not want to contribute to the spreading of fake news.

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