Parliament to debate Tabung Haji RCI report in special sitting tomorrow
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim marks his 79th birthday today with wishes for good health
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Summary
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim marks his 79th birthday today with wishes for good health. KUALA LUMPUR, Aug 10 (Bernama) -- A Special Meeting of the Dewan Rakyat to discuss and deliberate on the Royal Commission of Inquiry (RCI) Report regarding the Lembaga Tabung Haji (TH) will be held tomorrow. The findings indicate that TH's financial position at that time was at a critical level, with a deficit gap between assets and liabilities existing since 2014, as well as several issues related to investment depreciation.
Furthermore, The 211-page RCI report on TH published on July 29 revealed various findings regarding the management and operational weaknesses of the institution during the period from 2014 to 2020. TH should have recorded a net loss of RM1.4 billion in 2017, instead of a profit of RM3.4 billion as reported, if the Malaysian Financial Reporting Standards (MFRS) were fully applied. Fahmi said that at least 35 to 40 MPs have expressed their willingness to participate in the debate.
In addition, Among the main findings of the RCI were governance weaknesses, including political interference in management and profit distribution without considering the impact of depreciation and the decline in the fair value of investments. His Majesty said that this step is important to ensure that every responsible party is subjected to appropriate action, in addition to ensuring that the same issue does not recur in the future. — Bernama. Anwar undergoes medical procedure, monitored for 2 days.
Cross-referenced from 6 sources.
Factual coreconfirmed by several independent voices
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim marks his 79th birthday today with wishes for good health
reliability moderate2/2 sourcesKUALA LUMPUR, Aug 10 (Bernama) -- A Special Meeting of the Dewan Rakyat to discuss and deliberate on the Royal Commission of Inquiry (RCI) Report regarding the Lembaga Tabung Haji (TH) will be held tomorrow.
reliability moderate2/2 sourcesThe findings indicate that TH's financial position at that time was at a critical level, with a deficit gap between assets and liabilities existing since 2014, as well as several issues related to investment depreciation.
reliability moderate2/2 sourcesThe 211-page RCI report on TH published on July 29 revealed various findings regarding the management and operational weaknesses of the institution during the period from 2014 to 2020.
reliability moderate2/2 sourcesTH should have recorded a net loss of RM1.4 billion in 2017, instead of a profit of RM3.4 billion as reported, if the Malaysian Financial Reporting Standards (MFRS) were fully applied.
reliability moderate2/2 sourcesFahmi said that at least 35 to 40 MPs have expressed their willingness to participate in the debate.
reliability moderate2/2 sourcesAmong the main findings of the RCI were governance weaknesses, including political interference in management and profit distribution without considering the impact of depreciation and the decline in the fair value of investments.
reliability moderate2/2 sources
Reported detailssecondary facts, each attributed to its source
His Majesty said that this step is important to ensure that every responsible party is subjected to appropriate action, in addition to ensuring that the same issue does not recur in the future. — Bernama
according to Malay MailAnwar undergoes medical procedure, monitored for 2 days.
according to Berita Harian (MY)
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KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim marks his 79th birthday today with wishes for good health
omitted byRight sidePublic / Agenciescovered byCenterKUALA LUMPUR, Aug 10 (Bernama) -- A Special Meeting of the Dewan Rakyat to discuss and deliberate on the Royal Commission of Inquiry (RCI)…
omitted byRight sidecovered byCenterPublic / AgenciesThe findings indicate that TH's financial position at that time was at a critical level, with a deficit gap between assets and liabilities…
omitted byRight sidecovered byCenterPublic / AgenciesThe 211-page RCI report on TH published on July 29 revealed various findings regarding the management and operational weaknesses of the…
omitted byRight sidecovered byCenterPublic / Agencies
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