Tabung Haji launches booklet to explain RCI findings, to restore depositors’ confidence

KUALA LUMPUR, Aug 11 (Bernama) -- The Tabung Haji (TH) organization has launched a new public enlightenment campaign to explain the findings of the Royal Commission of Inquiry (RCI) report on TH. The initiative, titled "Tabung Haji: Apa Sudah Jadi?" (Tabung Haji: What Happened?), aims to provide the public with accurate and transparent facts from official sources to dispel confusion over management malpractices from 2014 to 2020 highlighted in the RCI report.

The move seeks to restore the confidence of over nine million depositors in the sustainability and future governance of TH, the country's haj management institution. The campaign includes distribution of posters in digital and printed formats, as well as direct delivery of digital booklets to mosques and suraus via WhatsApp. Printed versions will be distributed on Aug 14, particularly around the Federal Territory.

The comprehensive booklet summarizes the 211-page RCI report, detailing the chronology leading to the inquiry, TH's management issues, and breaches of laws and accounting standards. It also addresses governance concerns, investment monitoring weaknesses, and conflicts of interest. The RCI affirmed that the 2018 TH Recovery and Restructuring Plan was the most appropriate measure to save TH's financial position.

The booklet outlines recommendations to strengthen TH's governance, such as a proposal to streamline the organization's power structure and a ban on active politicians as chairmen or board members. TH's financial position is now strong, with a RM93.4 billion depositor fund, RM4.64 billion in investment income, and RM693.6 million paid in zakat. Over 75% of RCI recommendations are or are being implemented.