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No need for fresh RCI on Tabung Haji, says economist

Ahmed Razman Abdul Latiff says no serious financial misconduct was reported over the past five years.

No need for fresh RCI on Tabung Haji, says economist

Economist Ahmed Razman Abdul Latiff has dismissed the idea of a fresh royal commission of inquiry (RCI) into the management of Tabung Haji (TH), as there have been no reports of financial misconduct involving the institution since 2021. The previous RCI, established after the government found serious financial issues at TH, covered the period of 2014 to 2020.

However, recent debates in the Dewan Rakyat have seen MPs from both Barisan Nasional (BN) and Pakatan Harapan (PH) calling for a new investigation into TH's financial and management issues from 2021 to 2025. Razman Abdul Latiff believes the proposal for a new RCI is driven by political interests, and that assessing its impact would only be possible after the investigation report is released.

Thirteen-year-old student Aimi Zulhazmi Abdul Rashid of Universiti Kuala Lumpur echoed the need for a review of TH's management decisions after 2020, citing major changes that occurred during this period, including restructuring, the transfer of non-performing assets, and the implementation of a new business model.

Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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