Minister Zulkifli Hasan: Tabung Haji to face tougher oversight as govt acts on RCI findings
KUALA LUMPUR, Aug 12 — The government’s pledge to leave no stone unturned in strengthening Lembaga Tabung Ha...
The government has pledged to strengthen Lembaga Tabung Haji (TH) through stricter policy and regulatory measures following a Royal Commission of Inquiry (RCI) into the institution's troubled investments and management. Minister in the Prime Minister's Department (Religious Affairs) Dr Zulkifli Hasan announced the establishment of a task force to examine the RCI's findings and recommendations, headed by TH chairman Tan Sri Abdul Rashid Hussain and comprising Bank Negara Governor Datuk Seri Abdul Rasheed Ghaffour and Securities Commission (SC) chairman Datuk Mohammad Faiz Azmi.
The task force will recommend that TH's management of funds and investments be regulated by the SC, while matters relating to the management of the haj pilgrimage will be regulated by the Minister in the Prime Minister's Department (Religious Affairs), with TH remaining an intact entity.
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