I feel 'defended' by PAC report, says Najib

He added that it was impossible that the GST revenue was robbed or misappropriated as the placement of the tax revenue into a consolidated revenue account was above board and also practised by the Singapore government.


MoF: PAC confirms GST law broken and unpaid taxpayer refunds used for other purposes

Unfortunately, the GST collections were not deposited directly into the Fund for GST Refunds, and this had caused delays in GST refund payments for more than a year. Instead, the GST collections that were deposited directly in the Consolidated Revenue Account were used for other purposes by the previous government. The delays in GST refunds had caused severe financial complications for the taxpayers.