Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Govt denies TH assets sold to non-Muslims, Chinese interests

KUALA LUMPUR: The government has denied claims that assets belonging to Lembaga Tabung Haji (TH) were sold to non-Muslims or Chinese interests as part of its restructuring exercise.

Govt denies TH assets sold to non-Muslims, Chinese interests

The Malaysian government has refuted allegations that assets of the Lembaga Tabung Haji (TH) were sold to non-Muslims or Chinese parties during its restructuring, according to Dr Zulkifli Hasan, Minister in the Prime Minister's Department for Religious Affairs. The assets were transferred to Urusharta Jamaah Sdn Bhd (UJSB), a government-owned special-purpose vehicle, as part of a recovery plan. No assets were sold to non-Muslims or to China, as some irresponsible parties claimed.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

More in Finance & Markets

Who enters Congress?

We trace the family origins of Members of Congress (MC) born between 1830 and 1950, linking each MC, their parents, and their brothers to the complete-count censuses.

More from Tuesday 11 August →