Anwar warns TEKUN, Bank Rakyat, AIM fund managers of arrest, prosecution for abuse of trust

Prime Minister Anwar Ibrahim has issued a warning to managers of public funds, including those from TEKUN Nasional, Bank Rakyat, and Amanah Ikhtiar Malaysia (AIM), stating that they will face arrest and prosecution for abuse of trust if they misuse the funds under their care. Speaking at the closing ceremony of the 2026 National Hawkers and Small Traders Day Carnival in Kajang, Anwar emphasized the importance of financial expertise, integrity, and accountability in managing public funds, particularly in light of the government's efforts to curb leakages, embezzlement, and corruption.

Despite lower tax revenue and national income, the government has managed to increase allocations for public assistance through responsible fund management, citing the RM18 billion cost of civil servants' salary increases and the RM16 billion allocation for various assistance programs.

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