Dmalloc utility - not working with Opensource application with syslog

I am using OpenWRT-21.02, have enabled dmalloc utility(5.5.2) and linked the library to collectd(Opensource application). Althought the conf file is present, I see the below error and the process is not starting.

ls /var/run/collectd.conf


collectd -C /var/run/collectd.conf

configfile: wordexp (/var/run/collectd.conf) failed.
Unable to read config file /var/run/collectd.conf.
Error: Reading the config file failed!
Read the syslog for details.

Dmalloc library is linked via CFLAGS and LDLAGS in the collectd makefile.

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