Auditing process, additional due diligence done prior to approving RM1.1b for SEB – PM Anwar
Prime Minister Datuk Seri Anwar Ibrahim confirmed that auditing and additional due diligence was conducted in the restructuring exercise of Sapura Energy Berhad (SEB). The announcement was made following an injection of RM1.1 billion to Sapura Energy Berhad via Finance Ministry’s special purpose vehicle, Malaysia Development Holdings. “A fresh injection of RM1.1 billion was given…