A former Lembaga Tabung Haji chairman and a former Treasury secretary-general have been remanded for seven days following MACC’s probe into the TH RCI report.
PUTRAJAYA: A former Lembaga Tabung Haji (TH) chairman and a former Treasury Secretary-General have each been remanded for seven days to assist in investigations into findings contained in the Royal Commission of Inquiry (RCI) report on the institution.
The remand order, effective today until Sept 2, was issued by Magistrate Ezrene Zakariah following an application by the Malaysian Anti-Corruption Commission (MACC) at the Magistrate’s Court here today.
The two suspects, both in their 60s, are being investigated under Section 23(1) of the MACC Act 2009, according to their respective lawyers.
Meanwhile, the court also extended the remand order of a former TH chief executive officer by four days, until Aug 31.
Earlier, the three individuals arrived at the court complex at 9.31 am wearing orange MACC remand attire.
The RCI report on TH, which was uploaded to the official portal of the Department of Islamic Development Malaysia (JAKIM) on July 29, recommended, among other things, that a forensic audit be conducted into the decision-making processes behind past investments that resulted in a significant decline in TH’s asset values.
The RCI report, which investigated TH’s management and operational issues from 2014 to 2020, also listed problematic investments requiring a forensic audit.
The RCI found evidence of suspicious transactions and the concealment of information.
The scope of the RCI investigation covers an examination of issues related to TH during the period from 2014 to 2020, referencing findings by the firms PricewaterhouseCoopers (PwC), Ernst & Young (EY), and Roland Berger, but excluding the restructuring and recovery plan that was underway at the time.
