KUALA LUMPUR, July 8 (Xinhua) -- Malasyia's Youth and Sports Ministry will soon sign a Memorandum of Understanding with the Malaysian Anti-Corruption Commission (MACC) so that all expenditure is directly monitored by the MACC, a government official said Monday.

Youth and Sports Minister Khairy Jamaluddin told local reporters that Minister in the Prime Minister's Department Paul Low Seng Kuan will lead the surveillance team which aims to ensure that expenditure made by the Youth and Sports Ministry was transparent.

"The ministry needs to be careful in managing its finances, for example development projects involve a lot of money and can reach millions of ringgit a year so the Memorandum of Understanding with the MACC will ensure there are no leakages or wastage involving money," he said.