Govt keeps tight lid on Tabung Haji RCI findings

The government is maintaining a tight lid on the outcome of the Royal Commission of Inquiry (RCI) into Tabung Haji, which concluded two years ago.

Dr Halimah Ali (PN-Kapar) had tried to pry the lid open through a parliamentary query, but the government only gave general answers.

A written reply from the Prime Minister’s Department revealed that the RCI had remarked on several important matters regarding Tabung Haji’s management and operations - covering governance, finance, investments, and the recovery plan involving the Urusharta Jamaah Sdn Bhd special purpose vehicle.

“In general, the commission was of the view that Tabung Haji’s existing structure be maintained as it was found to be effective,” the reply added.

It said that the commission also made several recommendations for the government and Tabung Haji management to act on, but did not give any specifics.

It further indicated that RCI had made an early recommendation for dividends to depositors in 2023 only to be announced after a financial audit was carried out.

The Tabung Haji RCI was established in January 2022 and covered the audit results of consultants such as PriceWaterhouseCoopers (PWC), Ernst & Young (EY) and Roland Berger from 2014 to 2020.

Then prime minister Ismail Sabri Yaakob explained that the RCI, however, does not include the recovery and restructuring plan of Tabung Haji which was being implemented at the time.

The RCI was carried out behind closed doors and was supposed to have had a final report ready by July of that year.

However, to date, the report has not been made public.

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