The Public Accounts Committee (PAC) has recommended that the Armed Forces Fund Board (LTAT) under the Defence Ministry improve its dividend policy, reserve guidelines and Strategic Asset Allocation (SAA) Framework.

PAC chairperson Mas Ermieyati Samsudin in a statement today said that with the move, LTAT will be able to continue to pay dividends consistently while ensuring LTAT's sustainability.

She said PAC also recommends...