As an Amanah Bumiputera Berhad account holder, I call upon the Board of Directors of Sime Darby Berhad and the Government to set up an independent audit committee to re-audit the company's accounts over the past five years.
The committee should in particular investigate losses in the energy and utilities, property and the motors divisions.
I am puzzled as to why Sime Darby awarded many big property development projects to Brunsfield Berhad despite the fact that Guthrie, which has expertise in property development, is now part of the enlarged Sime Darby.
The committee should also investigate the disposal of high-value land. I wonder if all these decisions were made with the approval of the Board.
If there are elements of fraud, those responsible must be sent to prison.
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