PUTRAJAYA — Transport Minister Anthony Loke Siew Fook today demanded that MYEG and Zetrix AI Berhad immediately settle RM314 million in outstanding government revenue, saying the money collected does not belong to the companies.

He said the outstanding amount involved revenue collected by My E.G. Sdn Bhd (MYEG) and Zetrix AI Berhad, formerly known as My E.G. Services Berhad, that had yet to be transferred to the Ministry of Transport’s Main Revenue Account.

“The deadline is immediately,” he told a press conference at the ministry here when asked when the companies were required to settle the outstanding amount.

Loke said the RM314 million in arrears had accumulated since May this year, rejecting reports that the amount had been outstanding for three years.

“Three years is not accurate. These arrears started in May this year, just a few months ago.

“Before May, there had been arrears from time to time. After we issued reminder notices, they would pay the outstanding amount.

“But the RM314 million in unpaid arrears has been outstanding since May this year, just a few months ago, not three years,” he said.

Loke said the ministry and the Road Transport Department (JPJ) had held four engagement sessions since May with relevant stakeholders, including the Finance Ministry, and issued 35 reminder notices to the companies.

He said the companies had, on August 21, submitted a cheque dated September 30 for RM231 million to settle the arrears at that time.

However, the bank did not process the cheque when it was presented on September 30, following instructions from the company, he said.

As a result, MOT and JPJ suspended payment services through MYEG and Zetrix AI from today.