| LATEST NEWS | Government will implement all possible reforms, including strengthening TH Act and governance - Dr Zulkifli | TH had purchased land in TRX from 1MDB, raising concerns as TH’s chief executive officer at the time was a member of 1MDB's board of directors - Zulkifli | TH invested in Putrajaya Perdana -- TH’s chairman at the time was the chairman of Putrajaya Perdana and related companies in 1MDB transactions, with a loss of RM145.3 mln - Zulkifli | TH to improve haj management policy, introduce more clear, planned and systematic approach soon - Zulkifli | Payment of depositors’ zakat has been duly fulfilled in accordance with Islamic law - Dr Zulkifli | |
KUALA LUMPUR, July 30 (Bernama) -- The government’s guarantee to depositors of Lembaga Tabung Haji (TH), currently worth RM88 billion, will be activated should TH fail to implement the LTH Recovery and Restructuring Plan 2018, according to the Tabung Haji Royal Commission of Inquiry (RCI).
KUALA LUMPUR, July 30 (Bernama) -- The Royal Commission of Inquiry (RCI) on Lembaga Tabung Haji (TH) said the Islamic pilgrimage fund should not have declared a 4.50 per cent annual profit distribution (hibah) and a 1.75 per cent hajj hibah, totalling RM2.75 billion, for the 2017 financial year.
KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) on Tabung Haji has recommended recovering RM2.19 million in bonuses paid to board members and management of TH Properties, as the bonuses were awarded without complying with prescribed regulations.
KUALA LUMPUR, July 29 (Bernama) -- The Royal Commission of Inquiry (RCI) into the management and operations of Lembaga Tabung Haji (TH) has recommended a forensic audit into 14 past investment decisions that resulted in significant asset impairments at the Islamic pilgrimage fund.
KUALA LUMPUR, July 29 (Bernama) -- Lembaga Tabung Haji (TH) has adopted and implemented 75 per cent of the Royal Commission of Inquiry (RCI) recommendations to improve its governance and wellbeing, with the remaining recommendations being “work in progress.”
