AG Calls On Govt Companies To Adopt e-SelfAudit System Fully

PUTRAJAYA, Feb 6 (Bernama) -- Government-owned companies have been urged to fully adopt the e-SelfAudit system as an auditing method reform aimed at strengthening corporate governance.

Auditor General Datuk Seri Wan Suraya Wan Mohd Radzi said the efficiency and performance of the e-SelfAudit system were tested through a pilot project carried out on Nov 18, 2024, involving 206 government companies nationwide.

"All the government companies involved have submitted their feedback to the National Audit Department (NAD) despite the short period. This reflects the high level of support and commitment from all government companies towards the efforts introduced to enhance governance,” she said in her welcoming speech at the launch of government company audit implementation here today.

bootstrap slideshow

The e-SelfAudit system for nearly 2,000 government companies was launched by Prime Minister Datuk Seri Anwar Ibrahim.

Wan Suraya said that NAD is currently analysing the data received from the 206 government companies for further audit.

 She explained that the confidentiality of the data obtained and uploaded to the system is protected under subsection 8(3) of the Audit Act 1957, which states that any information obtained by NAD from any party for auditing purposes directly or indirectly cannot be divulged.

bootstrap slideshow

“NAD officials are also subject to the Official Secrets Act 1972, and any information obtained will be securely stored in the NAD database, complying with the Cyber Security Act 2024 [Act 854], the Data Sharing Bill 2024, and NAD’s Cyber Security Policy 2022," she added.

NAD will begin auditing nearly 2,000 government-owned companies starting this year following an allocation of RM200 million for 2025.

-- BERNAMA