The Lembaga Tabung Haji (TH) Recovery and Restructuring Plan has successfully addressed RM12.6 billion in investment losses, with RM10 billion resolved under the 2018 recovery plan and the remaining RM2.6 billion recognised progressively through the end of 2025.
In a statement, TH said the 2018 restructuring was undertaken to address a financial deficit that necessitated an immediate government bailout to prevent the institution from becoming insolvent.
