HRD Corp chief urged to go on garden leave

By De Fa Wang malaysia Auditor-General's Department, HRD Corp, Human Resource Development Corporation, Public Accounts Committee, Shahul Hameed Dawood, Sim Tze Tzin 0 Comments

KUALA LUMPUR: Calls have been made for Human Resource Development Corporation (HRD Corp) chief executive Datuk Shahul Hameed Dawood to step down following investigations into the government-linked company.

Sim Tze Tzin (PH-Bayan Baru) urged Shahul Hameed to go on garden leave until investigations conclude.

He said this was necessary to restore public confidence following the Auditor-General’s Department report on July 4 that HRD Corp had failed its audit.

ALSO READ: Graft enforcers visit ministry to get documents in HRD Corp probe

This was also compounded by a separate Parliament’s Public Accounts Committee report that revealed that HRD Corp had utilised RM3.77bil in levies collected from employers for training development programmes for various high-risk investments that did not align with its original purpose.

“In the report, it was shown that HRD Corp had determined Company A’s financial stability to be on a downward trend and unable to pay its investors dividends.

“However, when the same Company A was presented to the Human Resource Ministry for approval, the former was presented as having a lot of solid potential for growth

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“This means HRD Corp’s internal report and report to the ministry was completely contradictory which led to unnecessary financial losses,” he said when debating the Auditor-General’s report in Parliament on Tuesday (July 9).

Similarly, Hassan Abdul Karim (PH-Pasir Gudang) urged Sim to suspend Shahul Hameed with immediate effect.

“Either suspend him or terminate the management, which is the CEO. He holds two positions: on the board of directors and the investment panel,” he said.

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HRD Corp chief urged to go on garden leave