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Troubled UMNO-linked firm Zetrix owes Malaysian government over RM200mil in collections: Source

KUALA LUMPUR - A Malaysian firm whose listed shares have lost four-fifths of their value since August amid financial troubles is believed to owe over RM200 million (S$63 million) to the Road Transport Department (RTD).

The Star MalaysiaThe Star查看原文 ↗
据消息人士透露,陷入困境的巫统关联公司Zetrix拖欠马来西亚政府超过2亿令吉的款项。

KUALA LUMPUR - A Malaysian firm whose listed shares have lost four-fifths of their value since August amid financial troubles is believed to owe over RM200 million (S$63 million) to the Road Transport Department (RTD).

Official documents seen by The Straits Times show that Zetrix AI failed to hand over money collected for the renewal of vehicle road tax, driving licences and traffic summonses from the very start of its three-year contract in May 2023.

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