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 forensic audit and a multi-agency task force to investigate Tabung Haji's failed investments. Syed Saddiq, who is the sole lawmaker from Muda in Parliament, stated that this was necessary due to the complex network of government-linked investment companies (GLICs) involved in the failed investments.
The Royal Commission of Inquiry (RCI) report revealed that misgovernance in one GLIC can lead to problems in other GLICs. Syed Saddiq emphasized that if not addressed properly, it could result in a "tsunami of misgovernance" causing heavy losses for taxpayers. The Muar MP, one of the few opposition lawmakers to attend, urged the government to introduce fiscal interventions for Tabung Haji's reforms, expedite amendments to the Tabung Haji Act, and remove 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.
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