World
Tabung Haji lost RM145.3 million from Putrajaya Perdana investment
KUALA LUMPUR, Aug 11 — Lembaga Tabung Haji's investment was linked to 1MDB-related transactions, raising concerns.
According to statements made in the Dewan Rakyat, Lembaga Tabung Haji (TH) reported a loss of RM145.3 million from its investment in Putrajaya Perdana due to its connection with 1MDB. This investment has led to financial implications for TH, which manages the pilgrims' fund.
Religious Affairs Minister Zulkifli Hasan questioned the motivations behind the investment, asking whether it was made for the benefit of the pilgrims' fund or to address issues faced by other parties. These comments highlight the scrutiny surrounding TH's financial decisions and their broader impact.