Former minister says the lack of explanation over a routine transaction led to the rumour that TH assets were being sold to non-Muslims.
Former health minister Khairy Jamaluddin said the move to take underperforming assets off Tabung Haji’s balance sheet was not well publicised, leading to confusion.
He said the SPV managers did not have names that were Muslim or Malay, so it became easy to claim that the assets were being sold to non-Malays or non-Muslims, he added. Meanwhile, former Umno leader Shahril Hamdan said he had no love for Lim but the former finance minister’s action allowed TH to pay hibah that year.In December 2018, it was reported that the finance ministry took on RM19.9 billion of TH’s underperforming assets, comprising equities and properties.
Italia Ultime Notizie, Italia Notizie
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