Malaysia's voice on the news, politics and issues that matter.
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Prime Minister Anwar Ibrahim has underscored the importance of a comprehensive investigation into the Royal Commission of Inquiry findings regarding Tabung Haji's RM12 billion shortfall, emphasizing the need to stem further losses and establish accountability.
Malaysia's parliament will convene in a special one-day session to debate a damning Royal Commission report on Tabung Haji, which found the Islamic pilgrimage fund concealed massive financial losses through creative accounting.
Prime Minister Datuk Seri Anwar Ibrahim signalled that the long-awaited Royal Commission of Inquiry report into Tabung Haji may be released imminently, potentially today or by Wednesday, contingent on Cabinet approval requirements.
The Malaysian Anti-Corruption Commission has conducted an extensive six-hour questioning session with a former chief financial officer of a statutory body regarding allegations stemming from the Tabung Haji Royal Commission of Inquiry report.
The MACC has launched a formal investigation into the Tabung Haji scandal, deploying officers to the institution's headquarters following the release of a damaging Royal Commission of Inquiry report that identified suspicious transactions and mismanagement.
A Royal Commission inquiry concluded that Tabung Haji improperly declared RM2.75 billion in hibah for 2017, with unsustainable payouts from 2014 onwards destabilising the Islamic pilgrimage fund and triggering a financial crisis.
Prime Minister Datuk Seri Anwar Ibrahim has indicated the Royal Commission of Inquiry's final report on Tabung Haji may be released today or by Wednesday, contingent on whether Cabinet approval is required.
Prime Minister Anwar Ibrahim has declared the government will not tolerate any corruption or fraud related to the Retirement Fund's investment in aquaculture start-up eFishery, calling for a comprehensive MACC investigation despite initial findings suggesting no wrongdoing.
China's anti-corruption authorities have launched an investigation into Ouyang Weimin, the former president of the state-owned China Development Bank, on allegations of serious breaches of party discipline and law.