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Ismail Sabri denies claim of unrecorded RM620b expenditure during MCO

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Former prime minister Ismail Sabri Yaakob has shot down an allegation that there was an unrecorded RM620 billion in expenditure by the Treasury Department during the movement control order (MCO) and emergency enforced to control the spread of Covid-19.

Taking to Facebook last night, the Umno vice-president said all relevant government expenditure has been recorded in the government's financial statements.

"In relation to the comment that the stimulus package was not recorded in the government's accounts from 2020-2022, I would like to emphasise that this claim is not true, and all relevant government expenditures have been recorded in the financial statements.

"The total value of the eight stimulus packages is RM530 billion - most of which did not involve government spending (such as banks' loan moratoriums)," Ismail Sabri wrote.
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