00:00A former Tabung Haji Chairman, a former Treasury Secretary General and a former Tabung Haji CEO have been remanded to
00:07assist the Malaysian Anti-Corruption Commission investigation.
00:10The former Tabung Haji Chairman and former Treasury Secretary General were remanded for seven days, while the former Tabung Haji
00:18CEO was remanded for four days after an earlier seven-day remand.
00:22COSMO reported that the trio arrived at the Putrajaya Court Complex for the remand application after being arrested by MACC.
00:30MACC Chief Commissioner Abdul Halim Aman previously said the investigation was being conducted under Section 23 of the MACC Act
00:38for Abuse of Position to Obtain Gratification.
00:41The arrests followed the declassification of the Royal Commission of Inquiry report on Tabung Haji's management, operations and assets from
00:512014 to 2020.
00:53The RCI found that losses from troubled investments had gone unrecorded and that creative accounting was used to justify annual
01:00profit distributions.
01:01The Commission also linked Tabung Haji's financial problems to political interference in board appointments, unsustainable HIPAA payouts and weakened audit
01:11findings over concerns about depositor confidence.
01:15Amardeep Gill, FMT.
