Syed Saddiq warns Tabung Haji bailout burden could fall on future generations
THE financial cost of addressing past losses at Lembaga Tabung Haji (TH) must not be allowed to become a burden carried by future generations and taxpayers, Muar MP Syed Saddiq Syed Abdul Rahman told the Dewan Rakyat today. Speaking during the specia...
Muar MP Syed Saddiq warned that the financial burden of rescuing the pilgrimage fund Tabung Haji (TH) should not be placed on future generations and taxpayers. During a debate on the TH Royal Commission of Inquiry (RCI) report, Syed Saddiq emphasized that financial support could not be seen as a solution if the underlying problems were not addressed.
He stated that continuous payments for hibah (charitable donations) required funding that does not come from nowhere, thus transferring the burden from one generation to another. Syed Saddiq claimed that taxpayers and young Malaysians were already bearing the cost of over RM10 billion in financial assistance to stabilize TH. He questioned the government's commitment to the proposed RM1.7 billion annual fiscal injection for TH's recovery plan.
The MP urged for amendments to the TH Act to prevent political appointments and ensure the fund's leadership was selected based on merit and transparency. Syed Saddiq called for the government to act on the RCI's recommendations without considering political affiliations, stressing that accountability should be applied regardless of who was involved.
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