Adam Selamat bin Musa
Regulator warningMalaysia. Named in 1 sanctions listing.
Summary
Adam Selamat bin Musa Partner of Adam & Co who was the engagement partner in the audit of a public listed entity for the financial year ended 31 December 2013.
Sanctions and listings1
- Effective
- 11 Sep 2017
Official designation
Suruhanjaya Sekuriti MalaysiaMalaysia Securities Commission AOB EnforcementsMalaysia
Monetary penalty of RM75,000 On 13 September 2017, Adam Selamat bin Musa appealed to the Commission. The appeal was solely on the quantum of the monetary penalty imposed by the AOB. On 2 November 2017, the Commission rejected the appeal and affirmed the decision made by AOB.
Failure to comply with certain requirements of the International Standards on Auditing in discharging his professional duties in the performance of an audit of the public listed entity.
Breach the AOB’s registration condition imposed under Section 31O(3) of the Securities Commission Malaysia Act 1993 (SCMA).
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