Urgent.News

What's breaking now, across thousands of outlets.

World

Hilman urges govt to release supporting documents for Tabung Haji RCI

This would promote transparency, allow public to independently scrutinise findings, he says.

Economy Minister Akmal Nasrullah Mohd Nasir has emphasized that governance at Lembaga Tabung Haji (TH) must prioritize depositors, following the findings of the Royal Commission of Inquiry (RCI) into the institution's management between 2014 and 2020. TH is entrusted with funds belonging to over 9.8 million depositors and manages investments amounting to more than RM96 billion, which makes the importance of robust governance particularly significant.

Akmal stated that the RCI report's recommendations must not be seen as merely an institutional reform effort, but as a crucial step towards restoring and strengthening public confidence in TH, given the institution's monumental responsibilities. The focus of the government is on ensuring that investment management, financial discipline, and risk management are intensified to safeguard depositors' interests sustainably.

As of August 2026, TH has implemented over 75% of the RCI's recommendations, with the remaining work ongoing. Akmal stressed that institutional reform must ultimately translate into stronger protection of depositors' savings and greater confidence in TH's responsible financial management. He noted that the reforms align with Malaysia's broader initiatives, such as the Ekonomi MADANI framework and the 13th Malaysia Plan (RMK13), which aim to elevate economic growth, improve living standards, and enhance good governance.

With Malaysia's economy showing solid growth, Akmal believes that strong institutions are vital for maintaining business and investor confidence, and for building resilience in the national economy. He reiterated that the Economy Ministry remains committed to RMK13 priorities, including boosting productivity, accelerating quality investments, and creating high-value employment.

Ultimately, the emphasis is on ensuring that economic growth translates into tangible benefits for ordinary Malaysians, with depositors' interests at the heart of the reform agenda.

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

This story

This is one outlet's version. Read the fullest account.

Read the original at malaysiakini.com →

More in World

More from Monday 24 August →