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National Sports Institute (NSI) paid RM3.94 million for wrong horses

The National Sports Institute (NSI) paid RM3.94 million for 18 horses that were not qualified to race in the 2008 World Endurance Championship (WEC), as reported by the Auditor-General

10/27/07
3,940,000

Timeline

  • Malaysian Insider Report 24/10/2011: The report noted NSI had failed to get the Treasury’s approval before buying the horses, as required for direct negotiation purchases.It further noted NSI had failed to adhere to international rules set by the Federation Equestre Internationale (FEI), the world governing body for equestrian competitions, which saw the 18 out of 23 horses bought in October 2007 being disqualified from the WEC 2008.