Syed Saddiq calls for forensic audit, multi-agency probe into Tabung Haji investments
KUALA LUMPUR, Aug 11 — A multi-agency task force should be formed and a forensic audit should be launched into Lem...
Syed Saddiq, the MP for Muar, has called for a multi-agency task force and a forensic audit into the Lembaga Tabung Haji's (Tabung Haji) failed investments. This request stems from the Royal Commission of Inquiry's (RCI) report, which revealed that the failed investments were the result of a complex network of government-linked investment companies (GLICs).
Syed Saddiq emphasizes that misgovernance in one GLIC can lead to problems in other GLICs, and if left unchecked, this could result in a "tsunami of misgovernance" that would force taxpayers to bear heavy losses. During a special Parliament session, Syed Saddiq, along with a few opposition lawmakers, debated the RCI report. The Perikatan Nasional (PN) lawmakers had earlier walked out of the session when their demand to postpone the meeting was rejected.
In addition to his call for a forensic audit, Syed Saddiq urged the government to introduce follow-up measures such as providing fiscal interventions for Tabung Haji's reforms, expediting amendments to the Tabung Haji Act, and removing political appointees from the pilgrim's fund board.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
