Boustead Heavy Industries Corporation Bhd (BHIC) will extend its fullest co-operation to the Malaysian Anti-Corruption Commission (MACC) and other authorities in any investigation pertaining to the Littoral Combat Ship (LCS) Project.
In a statement, it said that the Group reiterates its firm stand in the fight against all forms of corruption and will continue to steadfastly address the issues identified by its external and internal auditors and to meet the expectations of its Board of Directors and Government stakeholders in demonstrating good corporate governance and values.
It said that BHIC will also continue to work closely and transparently with the Government, the Royal Malaysian Navy and financiers, contractors, and vendors especially in the past 12 months in arriving at a workable outcome to get the LCS back on track.
In November 2020, BHIC lodged a report to MACC to probe possible irregularities in the LCS Project.
